Reports are gathering pace that Dan Friedkin has offered €490m to purchase Roma, plus another €85m for recapitalisation, but Jim Pallotta must accept by July 31.
The takeover negotiations had seemingly been abandoned after the COVID-19 crisis prompted Friedkin to lower his initial proposal, one that was then rejected by President Pallotta.
The Boston-based patron also complained at the payment schedule that was put forward, but all that is now back in discussion.
Reports are gathering pace that Dan Friedkin has offered €490m to purchase Roma, plus another €85m for recapitalisation, but Jim Pallotta must accept by July 31.
The takeover negotiations had seemingly been abandoned after the COVID-19 crisis prompted Friedkin to lower his initial proposal, one that was then rejected by President Pallotta.
The Boston-based patron also complained at the payment schedule that was put forward, but all that is now back in discussion.
After Calcio e Finanza, now the Corriere dello Sport also claim the offer is €490m upfront, plus another €85m to be used to cover losses and recapitalisation by December 2020.
The offer has a deadline of July 31 and time is running out, with pressure piling on Pallotta from investors and fans to accept the deal.
There’s competition, with Pallotta’s right-hand man and unofficial Roma advisor Franco Baldini reportedly scouting takeover bids from a South American conglomerate – who had proposed signing Edinson Cavani – and former Girondins de Bordeaux owner Joseph DaGrosa.
Pallotta might want to wait for the right offer, but the debts are piling up now and player sales seem inevitable if new cash isn’t brought into the club.