Roma release semi-annual financial report: the highlights


Roma’s semi-annual financial report for the 2019/2020 financial year was released yesterday by the club’s Board of Directors.

The report, which details the Giallorossi’s overall financial health from 1 July 2019 – 31 December 2019, showed a number of curiosities and some worrying numbers.

The highlights:

– Roma reported €87 million overall in losses during this period, a significant slide compared to this period in the 2018/2019 financial year.

– The club reported €94.6 million of revenues during this period, another significant step backwards as Roma had €134.8 million of revenues from 1 July 2018 – 31 December 2018.

– Roma’s total debt is now €264 million.

– One positive is that the club managed to cut costs from the same time last year as they went from €136 million to €123.9 million.

– As noted in the report, Aleksandar Kolarov, who renewed last month with the club until 2021, has a clause in his new deal that automatically renews his contract for an additional if certain sporting objectives are met:

“The contract for Kolarov was renewed until 30 June 2021, with an automatic renewal until 30 June 2022 in the event of the achievement of predetermined sporting objectives”.

More News

Fiorentina president Rocco Commisso: “Roma spent €140 million just to finish one point ahead of us.”
Henrikh Mkhitaryan returns to group training ahead of Conference League final
Lyon coach Peter Bosz blasts Mourinho: “He’s a narcissist, always acting and creating conflict.”