Roma have announced record losses of €126.4m for the first nine months of the season.
The figure is almost €100m more than what Roma posted at the same point last year (€29.5m).
According to a financial report released by the club, its record losses stem from a failure to qualify for the Champions League and the coronavirus pandemic.
As well as a lack of gate receipts, the spread of COVID-19 would have prevented sales from going through, such as Javier Pastore’s proposed move to China.
Roma have announced record losses of €126.4m for the first nine months of the season.
The figure is almost €100m more than what Roma posted at the same point last year (€29.5m).
According to a financial report released by the club, its record losses stem from a failure to qualify for the Champions League and the coronavirus pandemic.
As well as a lack of gate receipts, the spread of COVID-19 would have prevented sales from going through, such as Javier Pastore’s proposed move to China.
The Giallorossi, who are still owned by James Pallotta after Dan Friedkin’s takeover fell through, are also grappling with net debts of €278.5m.