Tuttomercatoweb claim The Friedkin Group are close to a €600m takeover of Roma, on the verge of an agreement with James Pallotta, who could then reinvest in Newcastle United.
They had originally been in advanced negotiations, as confirmed by a statement from AS Roma, but the deal was stalled by the COVID-19 pandemic and consequent change in financial outlook all over the world, not just in sport.
The offer was reduced and the timing of the payment changed, so Pallotta pulled out, calling it ‘unacceptable.’
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