[ITA] Serie A 2014/2015 (47 Viewers)
- Thread starter Dostoevsky
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FFP ignorance puts Roma's European future at risk
The club admitted in letters sent to shareholders to whom they floated the capital increase plan that there was risk involved due to the recent losses.
It stated: “As at the date of this prospectus, the issuer is not in line with the parameters set out by Financial Fair Play insomuch as: 1) the accumulated loss of the three years 2011-12, 2012-13 and 2013-14 will not meet the threshold, equal to a negative total not exceeding €45m, which is defined for the respect of 'Break-even rule’. 2) it has a consolidated net worth which is negative.”
Roma ended the last two budget periods with a total loss of approximately €98m, although a provision within the Financial Fair Play laws comes to the aid of the Trigoria side to some extent in reducing its football-related losses.
Roma
The club admitted in letters sent to shareholders to whom they floated the capital increase plan that there was risk involved due to the recent losses.
It stated: “As at the date of this prospectus, the issuer is not in line with the parameters set out by Financial Fair Play insomuch as: 1) the accumulated loss of the three years 2011-12, 2012-13 and 2013-14 will not meet the threshold, equal to a negative total not exceeding €45m, which is defined for the respect of 'Break-even rule’. 2) it has a consolidated net worth which is negative.”
Roma ended the last two budget periods with a total loss of approximately €98m, although a provision within the Financial Fair Play laws comes to the aid of the Trigoria side to some extent in reducing its football-related losses.
Roma
FFP ignorance puts Roma's European future at risk
The club admitted in letters sent to shareholders to whom they floated the capital increase plan that there was risk involved due to the recent losses.
It stated: “As at the date of this prospectus, the issuer is not in line with the parameters set out by Financial Fair Play insomuch as: 1) the accumulated loss of the three years 2011-12, 2012-13 and 2013-14 will not meet the threshold, equal to a negative total not exceeding €45m, which is defined for the respect of ‘Break-even rule’. 2) it has a consolidated net worth which is negative.”
Roma ended the last two budget periods with a total loss of approximately €98m, although a provision within the Financial Fair Play laws comes to the aid of the Trigoria side to some extent in reducing its football-related losses.
Roma
The club admitted in letters sent to shareholders to whom they floated the capital increase plan that there was risk involved due to the recent losses.
It stated: “As at the date of this prospectus, the issuer is not in line with the parameters set out by Financial Fair Play insomuch as: 1) the accumulated loss of the three years 2011-12, 2012-13 and 2013-14 will not meet the threshold, equal to a negative total not exceeding €45m, which is defined for the respect of ‘Break-even rule’. 2) it has a consolidated net worth which is negative.”
Roma ended the last two budget periods with a total loss of approximately €98m, although a provision within the Financial Fair Play laws comes to the aid of the Trigoria side to some extent in reducing its football-related losses.
Roma
