Roma to remove itself from Italian stock exchange

Roma are making a big leap forward today as the capital club near the long-awaited “delisting” from the Italian stock exchange. The process will be completed today, reports Il Messaggero.

Back in May, Roma unveiled the “Assist Roma” campaign—an initiative aimed to land president Dan Friedkin the remaining 13% of the club and to allow the club to “delist” or remove itself from the stock exchange.

Cardano Upcoming Alonzo Update
Cardano Upcoming Alonzo Update

To help convince shareholders and expedite the process, Roma offered minority shareholders a series of benefits including the opportunity to sell their stake “​​at the best price, with a premium on all shares sold.”

Delisting from the stock exchange was one of the Friedkin’s main priorities since taking over the club in 2020. According to the Italian newspaper, the process cost Roma €38 million with a total of €650 million invested over the past two years.

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