AS Roma have announced that the Friedkin Group has taken over as club owners after completing their purchase of the Serie A club.
After major shareholder James Palotta stepped down at Roma, Friedkin Group become the new owners of the Serie A club.
Talks of yet another take-over has been mooted for months but has finally gone through.
Friedkin Group now own 86.6% percent of the shares at Roma and it sees them own virtually all of the club.
Palotta and all the former board of directors have stepped down from their roles at the club.
Speaking after the take-over, Dan Friedkin released a statement via the club’s website.
“We are delighted to join the AS Roma family,” said Dan Friedkin, CEO and Chairman of The Friedkin Group. “As one fan wrote recently, ‘Take our iconic club and make it one of the greatest names in world football’.
“We intend to do just that.
“Our commitment to Roma is total. We will be very present in Rome, a city that holds a special place in our hearts, as we embark on this exciting journey. We recognise we are entrusted with a team that is a vital part of the soul of Rome, and this is a responsibility that we find humbling and will always take very seriously.”
“As business owners, we look to identify and back strong management teams and leadership. Guido Fienga has proven to be a great CEO of Roma, and together we have developed an ambitious and disciplined business plan.
“We will give him the support, guidance and means to deliver on this plan and, to help maintain focus over these crucial weeks ahead, it will be primarily his voice that will speak for AS Roma.”
Reports claim the club’s new ownership are ready to go all out in the transfer window to strengthen the club.
Be sure not to miss out on the latest news about Serie A
Download our brand new App and follow your favorite players, clubs, and much more
