Friedkin ready to relaunch for Roma


RomaPress – The Friedkin Group was just moments away from walking away from the deal to acquire AS Roma last month when president James Pallotta rejected their offer. However, after further internal discussions and reflections, the Houston-based consortium is ready to relaunch their efforts in purchasing the Giallorossi from the Bostonian.

A legal executive of The Friedkin Group confirmed to RomaPress that “within the next 30 days” they are expected to present a new offer, which will likely include more cash up-front, to Pallotta and his investor group.

Friedkin believe they now have a clearer picture on what the next 18 months could potentially have in store for the club from a financial impact standpoint after it was revealed that the remainder of the 2019/2020 campaign will be played and UEFA’s announcement that Financial Fair Play regulations will be relaxed for the 2019/2020 financial year.

Friedkin has been engaged in negotiations with Pallotta and his partners since October of last year and they are determined to get talks over the finish line, with Ryan Friedkin, Dan’s son, being the main protagonist.

 

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