Friedkin ownership to nullify Roma’s old debt

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.

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.

According to Il Tempo, the Friedkins want to nullify the €275 million bond from 2019 and improve Roma’s balance sheet once and for all in order to provide the club with long-term financial stability.

Roma will pay its investors if and only if it has subscribed a new bond or bank loan, useful for liquidating the old debt and sufficient for a new injection of liquidity in the club’s vaults.

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