Roma president Dan Friedkin is engaged in talks with several private investors to sell bonds and repay the club’s public debt, reports Bloomberg.
According to the American outlet, the Giallorossi are seeking funding from investors estimated at around €175 million.
“The funds raised, together with cash, will be used to refinance the club’s junk-rated notes two years ahead of their maturity,” cites the article.
Earlier in the week, Italian media reported that after two years in charge of Roma, the Friedkin ownership plan on ridding the club of the old debt that has been haunting the Giallorossi for the past few years.
The Friedkins are making concrete steps toward complete restructuring of Roma’s financial situation following the capital club’s recent exit from the Italian stock exchange.