Roma owner Dan Friedkin is prepared to invest €100m into the club to lower their debts before issuing a new bond, reports detail.
Bloomberg highlights how the Giallorossi’s previous €275m bond is set to expire, pushing the owners to issue a new bond to secure the club’s finances. The new bond will not be the same or higher than the previous one, but will in fact only raise around €175m, far below the €275m plus interest that needs to be repaid.
The remaining €100m will be injected directly into Roma from the Friedkin family’s personal wealth, adding a major capital increase to the club. The move will help lower the interest rates on the new bond and will also lower the Giallorossi’s financial exposure to banks and other lenders, giving them a little more economic security.
The Friedkin family are building a serious project in the Italian capital, backing coach Jose Mourinho and pushing for a new stadium.