Friedkin ready to inject €130mln into Roma’s coffers | OneFootball

Roma’s capital increase, approved on October 28, 2019, continues to grow under the Friedkins’ ownership.

The Giallorossi club’s shareholders’ meeting, held on December 12, decided to extend the completion deadline to December 31, 2025 and to increase the total amount from 520 million to 650 million euros.

This is further evidence of the economic commitment of the Texan owners, who continue to invest significant resources to ensure financial stability for the club.

As reported by Il Tempo, since taking over at the helm of Roma, the Friedkins have faced constant losses in the balance sheet, which represent a significant challenge for the club.

The last financial year, relating to the 2023/2024 budget, recorded a deficit of 81.3 million euros.

To address these difficulties, the ownership has injected 332.5 million euros of shareholder financing into the club in the last two years and has irrevocably converted 110.1 million euros from debts to shareholders into a “Shareholders’ reserve for capital increase”.

The capital increase is a clear strategy by the Friedkins to support Roma in a complex financial context, in which the accumulated losses, also due to the expenses for strengthening the squad and the effects of the pandemic, require structural interventions.

The increase in the total amount from 520 to 650 million demonstrates the ownership’s intention to continue to relaunch the club on both a sporting and economic level.

The Friedkins have demonstrated long-term management since the beginning of their mandate. Investments are not limited to the pitch, but also aim to strengthen the club’s infrastructure and improve overall sustainability.

However, the losses recorded underline the need to maintain a balance between investments and revenues, especially from a UEFA perspective, with the Financial Fair Play rules requiring greater attention.