AS Roma up for sale 12/07/2010 |
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AS Roma has been officially put up for sale by its owners as part of a deal to clear its debts with major creditor UniCredit.
The preliminary agreement was reached at the end of last week following a final round of talks between the Italian bank and the Sensi family, who own the Serie A club through Compagnia Italpetroli.
The Press Association reports that the Sensi family has agreed to put its 67 per cent stake in the club into a new company, Newco Roma, that will then be put up for sale by UniCredit.
UniCredit, which is owed about 325m Euros by Compagnia Italpetroli, will hold a 49 per cent stake in Newco Roma, with the Sensi family owning 51 per cent. Rosella Sensi will remain as chairman and chief executive of the club until it is sold.
“The primary objective [will be] to go ahead with the valuation and the sale of the AS Roma shareholding,” read a statement from Italpetroli.
Rosella Sensi, who took over as president of the club following the death of her father Franco in 2008, added that the deal would “safeguard AS Roma”.
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