Roma half-year financial statement 2017

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Photo: by @Belthazor78/Forza27.com

The AS Roma Board of Directors approved the half-year financial statement 2017 in the red of more than €50 million. But the future is brighter!

Roma half-year financial statement 2017 – The AS Roma Board of Directors approved the 2017 half-year financial balance in the “red” for €53.4 million. On December 31st, 2016 the economic results of James Pallotta’s club sharply declined compared to the same period last year (€3.4 million on December 31st, 2015).

This decline in revenues was due to two main factors:

  • The non-participation in the UEFA Champions League;
  • The lower profits from the trade of players.
Champions League - De Rossi
Champions League elimination against Porto

The elimination at the preliminary round of the Champions League that Roma suffered definitely decreased the revenues from the international competitions (€23.7 million on December 31st, 2016, vs €52.4 mln one year before).

Roma half-year financial statement 2017 – The future is brighter!
Despite this negative numerical factors, in a note released, AS Roma emphasized that the economic results will be brighter in the near future:
“The economic results in the next half-year financial statement will be significantly better. The operative management of the club will be financially supported by the main shareholder (James Pallotta).”

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About Stefano Bernardini 2340 Articles
A Roman in New York achieving his dreams. Persistence can make extraordinary things happen. Coordinator of Calcio e Finanza (ENG) / Calciomercato.it (ENG) / Editor of AS ROMA 360. Reporting on @NYCFC @NewYorkRedBulls @NYCosmos @MLS

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