
BY: Giacomo Galardini
Ownership of the Italian soccer giants AS Roma may be changing sooner rather than later, but will still remain in American hands. The Friedkin Group, a consortium run by U.S. billionaire Dan Friedkin, is reportedly about to purchase the majority share of AS Roma from current co-owner and chairman James Pallotta, Friedkin’s compatriot and executive board member of the NBA's Boston Celtics.
The deal is expected to be closed “before the New Year”, an unnamed legal executive at the Friedkin Group told ASRomapress last Friday. Pallotta bought two-thirds of club shares for US$100m in 2011 and - according to La Repubblica - now values the Serie A club at more than US$1 billion.
SOURCE: https://www.forbes.com
Please join Mia Maria Order Sons of Italy in America Lodge #2813 as we host the 2015...
You can tell she fills with excitement when she has the chance to show an important archae...
For Italians, and Romans in particular, the Open is not just a tennis tournament where cha...
The National Italian American Sports Hall of Fame is proud to announce its inductees and h...
He just turned 30. He bats left-handed. He boasts a career 124 OPS+ — the same as Nolan Ar...
The so-called 'Basilica of the Mysteries' has been reborn in Rome. The basilica, one of th...
Francesco Molinari clinched a two-stroke victory at the Arnold Palmer Invitational when he...