Sport US billionaire, Friedkin, buys Roma for $700m

US billionaire, Friedkin, buys Roma for $700m

-

- Advertisment -

US billionaire, Friedkin, buys Roma for $700m

 

 

 

 

 

 

 

Thomas Daniel Friedkin, American billionaire and the CEO of business consortium Friedkin Group has acquired Italian football club Roma for €591 million (around $700 million).

According to a statement released by the club on Wednesday, Roma said that the club agreed with The Friedkin Group for the sale of the club, saying “the Transaction is valued at approximately Euro 591,000,000.”

“I am pleased to confirm we have reached an agreement with The Friedkin Group for the sale of AS Roma,” Italian club’s president Jim Pallotta said.

Pallotta added that the parties signed contracts and will work to complete the legal process in the upcoming days.

“All of us at The Friedkin Group are so happy to have taken the steps to become a part of this iconic city and club. We look forward to closing the purchase as soon as possible and immersing ourselves in the AS Roma family,” The Friedkin Group CEO Dan Friedkin said.

The Friedkin Group is a private business and investment consortium based in Houston, Texas and is “one of the world’s largest independent Toyota distributors.”

The group also invests in luxury resorts.

According to the famed business magazine Forbes, US businessman Dan Friedkin, 55, has a $4.1 billion net worth.

One of the popular football clubs in Europe, Roma won the top-tier Italian Serie A title for three times in 1942, 1983 and 2001.

The team bagged nine Italian Cups in history. Roma last earned this trophy in 2008.

US billionaire, Friedkin, buys Roma for $700m
US billionaire, Friedkin, buys Roma for $700m
Parrot Nigeria
An online news aggregator

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Lagos assembly begins probe on auditor-general’s report on MDAs

        The Lagos State House of Assembly on Tuesday began probe on the 2019  Auditor-General’s Statutory Report on the accounts of the...

Make Lagos another Dubai – Sanwo-Olu tells cabinet members

The Lagos State Governor, Babajide Sanwo-Olu, has asked cabinet members and heads of agencies to deploy their physical and...

No going back on water resources bill – FG

          Lai Mohammed, minister of information, says there is no going back on the water resources bill. The bill seeking to...

Only you can deposit FX cash into your dom account, says CBN

          Did you travel to the UK and urgently need some FX to fund your debit card? Sorry, you now...

Gov. Zulum donates house, N20m to widow , kids of late Col. Bako

Borno Governor, Prof. Babagana Umara Zulum on Tuesday announced a donation of a befitting house and 20 million Naira...

Buhari addresses 75th UNGA from Aso Rock: The Full Speech

          Here is the full statement made by President Muhammadu Buhari, from Aso Rock to the 75th virtual UN General...

TRENDING

Lady arrested in place of boyfriend dies in SARS custody, CP orders post-mortem

            The Commissioner, Federal Capital Territory Police Command, Bala Ciroma,...

BBNaija 2020: Trickytee reveals housemate with best, worst game

Evicted Big Brother Naija housemate, Trickytee, on Monday said...
- Advertisement -

You might also likeRELATED
Recommended to you