A 90% Majority Stake that Makes Pallotta Happy

Financial market

The recent capital increase suggests that Roma’s majority shareholder is leaning towards a possible exit from the stock market.

James Pallotta is still injecting money into his club. Roma is economically improving and the American businessman is creating the conditions to delist the club.

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According to the Italian outlet ‘Il Tempo’, Roma’s recent capital increase gives even greater power to the Bostonian investor. Prior to the end of the procedure, the parent company Neep held 79.044% of AS ROMA while the other company of Mr. Pallotta, AS Roma SPV LLC, owned 3,125% of the club’s share. The resulting 82% is now increasing by a few percentage points.

James Pallotta, therefore, has approached the “fateful90% quota that would oblige the Americans to start the delisting from the Stock Exchange.

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About Stefano Bernardini 2972 Articles
A Roman in New York achieving his dreams. Persistence can make extraordinary things happen. Editor of AS ROMA 360 | Calciomercato.it | Calcio e Finanza | Reporting on Major League Soccer.

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