Roma are holding a shareholders’ meeting today, to approve a €120m increase in share capital.

The Giallorossi made a €42m loss last year, a figure which was officially approved at the board meeting on October 4.

It was confirmed that the time the results were released that a €120m increase in capital would be necessary to help with running costs.

Roma are holding a shareholders’ meeting today, to approve a €120m increase in share capital.

The Giallorossi made a €42m loss last year, a figure which was officially approved at the board meeting on October 4.

It was confirmed that the time the results were released that a €120m increase in capital would be necessary to help with running costs.

“The capital increase will take place no later than December 31, 2018,” CEO Umberto Gandini explained today.

“The method of payment could be in several parts, always amounting to €120m. The total amount of the club’s maximum shareholding will be €90m.”

There were also comments from shareholders, with Franco Angeletti complaining that President Jim Pallotta hadn’t attended the meeting.

“I don’t understand why Roma are always forced to sell players due to financial problems,” Angeletti added.

“This club had a transfer campaign where we signed two players who haven’t played [Patrik Schick and Rick Karsdorp], indeed one of them [Karsdorp] played yesterday and got injured.

“We need answers.”

Bygaby

Leave a Reply

Your email address will not be published. Required fields are marked *