The Champions League is definitely a major factor for the European clubs but for AS Roma it represents a key goal. Due to the financial constraints that the giallorossi have and the delay in the construction of the new stadium, the club of Trigoria must rely on the direct qualification to the Champions League to cope with its operative costs.
According to a deep analysis released by the English version of Calcio e Finanza, AS Roma’s key objective is the Champions League. The same portal explained that “Roma dropped into the Europa League after capitulating in the second leg of their Play-off round tie against FC Porto, and consequently brought in €23.7 million revenue from European competitions compared to the €52.4 million at 31st December 2015 – a loss of €28.7 million.”
It seems to be clear that AS Roma cannot miss the qualification to the Champions League 2017-18 otherwise the club should find an alternative way to replenish its accounts. By analyzing the 2013-14-15-16 financial statements of the giallorossi it is clear that thanks to this international competition for clubs the giallorossi have an incredible economic return. The data is there to confirm that from 2013 to 2014 the operating income doubled thanks the participation in the Champions League (from around € 57 million in 2013 to € 107 mln in 2014). This positive trend was consolidated and even improved in 2015 when AS Roma collected € 118 million but collapsed this year due to the elimination that the giallorossi suffered against Porto in August 2016 (€ 88 million).
The main factor that made the difference is the TV rights revenue that was approximately € 30 million in 2013 without the Champions League and year by year increased and decreased as follows:
- Around € 62 million (on December 31st, 2014);
- Around € 68 million (on December 31st, 2015);
- Around € 53 million (on December 31st, 2016).
That being said, AS Roma’s key objective is the direct qualification to the Champions League 2017-18. If the giallorossi will miss this goal James Pallotta will be forced to monetize in a different way. The easiest solution will be to exploit the next transfer market window to trade a big name (Manolas?). This will be the AS Roma approach until the new stadium will be built.