Roma have confirmed losses of €204m, the second highest figure in the history of Italian football after Inter’s €207m in 2006-07.
The statement was released via the Consob Italian consumers’ association for accounts up to June 30, 2020.
This also means the club had debts of €242.5m, an increase of €115m compared to June 30, 2019.
Soon after that period, AS Roma was sold to new owner Dan Friedkin and The Friedkin Group, ending eight years of James Pallotta rule.
Roma have confirmed losses of €204m, the second highest figure in the history of Italian football after Inter’s €207m in 2006-07.
The statement was released via the Consob Italian consumers’ association for accounts up to June 30, 2020.
This also means the club had debts of €242.5m, an increase of €115m compared to June 30, 2019.
Soon after that period, AS Roma was sold to new owner Dan Friedkin and The Friedkin Group, ending eight years of James Pallotta rule.
La Gazzetta dello Sport points out running at a loss of €204m is the second worst ever balance sheet for an Italian club.
The biggest losses were run by Inter at €207m in 2006-07.
Roma’s previous worst record was €115m in 2002-03.
The other Italian clubs to have registered the highest losses are all Inter and Milan, divided only by Lazio’s €122m in 2002-03.