[ITA] Serie A 2010/2011 (7 Viewers)
- Thread starter Dostoevsky
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Roma now up for sale
Roma have been put up for sale after the Sensi family agreed to hand it over to Italian bank UniCredit as part of a debt settlement plan.
The move has been expected since talks began on Monday and an agreement was finally completed late last night.
UniCredit, who are expected to hire Rothschild to aid them in finding the Serie A club a buyer, made their swoop for the outfit after Italpetroli’s debts, the Sensi family’s holding company, reached close to €325m.
Almost all of Italpetroli’s other assets have also been transferred to UniCredit, but the family have been left with their property arm which has been valued at €35m.
However, the Sensi family will still have a short-term role to play in the running of the club until a new owner is found.
Rosella Sensi, the daughter of former President Franco who died two years ago, will continue to run the outfit in the interests of continuity with the new season on the horizon.
“This agreement has been reached with the consensus of all parts, but specifically in the interests of protecting Roma which belongs to the city and something we all hold dear,” stated Rosella Sensi.
The Sensi family had been at the helm of Roma for 17 years and won numerous trophies during that time, but most notably the Scudetto in 2001 – only the club’s third since they were formed in 1927.
Roma had attracted the interest of Russian investors during Franco Sensi’s reign, while George Soros was suggested as a possible buyer in the past even if he later rejected any interest in the club.
It’s unclear at this stage how much UniCredit expect to sell the Eternal City side for, especially during these uncertain economical times.
Roma’s current market value is around €120m.
Football Italia
Haters.
Roma have been put up for sale after the Sensi family agreed to hand it over to Italian bank UniCredit as part of a debt settlement plan.
The move has been expected since talks began on Monday and an agreement was finally completed late last night.
UniCredit, who are expected to hire Rothschild to aid them in finding the Serie A club a buyer, made their swoop for the outfit after Italpetroli’s debts, the Sensi family’s holding company, reached close to €325m.
Almost all of Italpetroli’s other assets have also been transferred to UniCredit, but the family have been left with their property arm which has been valued at €35m.
However, the Sensi family will still have a short-term role to play in the running of the club until a new owner is found.
Rosella Sensi, the daughter of former President Franco who died two years ago, will continue to run the outfit in the interests of continuity with the new season on the horizon.
“This agreement has been reached with the consensus of all parts, but specifically in the interests of protecting Roma which belongs to the city and something we all hold dear,” stated Rosella Sensi.
The Sensi family had been at the helm of Roma for 17 years and won numerous trophies during that time, but most notably the Scudetto in 2001 – only the club’s third since they were formed in 1927.
Roma had attracted the interest of Russian investors during Franco Sensi’s reign, while George Soros was suggested as a possible buyer in the past even if he later rejected any interest in the club.
It’s unclear at this stage how much UniCredit expect to sell the Eternal City side for, especially during these uncertain economical times.
Roma’s current market value is around €120m.
Football Italia
Haters.
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