Roma release latest financial statement: €42.6m in the red


While all eyes are on the match against Qarabag, Roma released their latest financial statement for the fiscal year ending 30 June 2017 today.

There are several notable items throughout the release, however, one of the most important was the club announced that their consolidated net income is estimated to be in the negative at around €42.6 million, a figure which was expected due to, which the club references in the official statement, the lack of Champions League group stage participation in the 2016-2017 season.

The latest financial statement is set to be ratified by the Cda (Board of Directors) on 4 October.

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