Roma General Manager Mauro Baldissoni has explained to the Shareholders the project of Roma.
James Pallotta and his collaborators are implementing strategies to develop a sustainable business for the club of the Italian capital. Roma made huge steps forward over the years. The Italian side is now recognized by experts and investors as a football powerhouse thanks to a meticulous development of its business.
In today’s shareholders meeting, Roma’s General Manager Mauro Baldissoni explained why the club has high management costs.
“High management costs are necessary to maintain a high level of performance. If costs are high also revenues must be high. Our project is developed on essential economic rules,” said Baldissoni.
“If revenues can not exceed costs, we have to make choices on players. Revenues resulting from the non-participation to the Champions League would cause the reduction of costs but always trying to maintain high or growing competitiveness.”
Roma hit their historical record for revenues collected this year. Baldissoni is proud of this achievement.
“We are proud to present a balance sheet which constitutes a record of turnover in the company’s history. A budget at a loss, however, due to the high costs. Exporting the brand means that our value can grow.“