RomaPress – Roma are less than half a percent from realising their goal of delisting the club from the Borsa Italiana stock exchange.
Roma’s “offerta pubblica di acquisto” (public offering), which launched last month, ends tomorrow after the club extended the original deadline on July 8th by two weeks.
Since the start of the club’s “Assist Roma” campaign, president Dan Friedkin’s ownership stake rose from 87% to 94.6%—just short of the necessary 95% target, the minimum required to remove (or delist) the club from the Borsa Italiana.
As a result, Friedkin will have to acquire 0.4% (or 2,562,681 shares) before the market closes tomorrow evening at 17.30 CET.