giovedì 10 dicembre 2020

As Roma, a shower of millions from the Friedkin family

The accounts worsen without surprising. Rome yesterday approved the most suffering financial statements in its history during the shareholders' meeting, which certified the difficulties of the moment. In an increasingly indebted football, even more the damage to a club that was already in serious trouble due to the unscrupulous management of the last financial seasons are visible in a visible way: the 2019/20 budget, the one closed to be understood as at 30 June, records losses of 188.2 million, which in terms of the consolidated group rise to 204. The imbalance is determined in the first instance by the non-participation in the Champions League, which caused the collapse of turnover, but also by the pandemic that has lowered all sources of revenue (not only for Rome, of course). Guido Fienga, as CEO, clarified that to bring the balance back to zero, the transfers of the players may be necessary, in addition to the capital increase decided by the Friedkins and which has been increased up to 210 million: this move is also was approved by the shareholders' meeting, which was then called to vote on less significant issues such as the appointment of the members of the board of statutory auditors and related remuneration.

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