Financial focus: The AS Roma stock-price surges thanks to Stadio della Roma’s agreement

Stadio Della Roma
Stadio Della Roma - (Photo by Stadio della Roma)

A great week for AS Roma and its owner James Pallotta! After the pivotal away win against Inter at San Siro and the agreement for the construction of Stadio della Roma even the financial market rewarded the giallorossi.

On Monday the AS Roma stock-price surged +7.76% to 0.4693 euro per share after having reached its maximum yearly evaluation at the beginning of the trading period.

Stadio Della Roma
Stadio Della Roma – (Photo by Stadio della Roma)

It seems to be clear that investors are confident in James Pallotta’s project to realize a new super-stylish facility for his club. The recent agreement that the giallorossi sealed with the Mayor of Rome Virginia Raggi is the main factor that triggered this avid trading in the stock market. 1.6 million shares were traded this morning, a whopping number thinking that the average trading of AS Roma stock in the last three months was 279,000 shares.

Raggi-Baldissoni-Stadio Della Roma
Raggi-Baldissoni-Stadio Della Roma

The construction of a new stadium and its meticulous management can increment the revenues of a club up to 150%.

James Pallotta’s project of making Roma one of the best clubs in the world is ambitious but it seems to be realizable as well.

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About Stefano Bernardini 2446 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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