The Friedkin Group is in the final stages of the takeover for AS Roma, but there are reports the same company tried to purchase Milan.
Statements from the Giallorossi confirm a takeover is imminent, as the due diligence stage has now been completed, bringing the James Pallotta era to an end after nearly eight years.
However, according to Milano Finanza, Roma did not represent the first choice for Dan Friedkin and his group of investors.
The Friedkin Group is in the final stages of the takeover for AS Roma, but there are reports the same company tried to purchase Milan.
Statements from the Giallorossi confirm a takeover is imminent, as the due diligence stage has now been completed, bringing the James Pallotta era to an end after nearly eight years.
However, according to Milano Finanza, Roma did not represent the first choice for Dan Friedkin and his group of investors.
It’s reported they first approached Milan with a bid worth €1bn, only to be rejected by Elliott Management.
Instead, Friedkin then turned to Roma, who were available for €750m.