Analyzing El Shaarawy Possible Exit in Roma Development Process

The Italian winger should be moving to China soon. El Shaarawy is a tough loss for Roma but the club is in the middle of a wise and necessary development process.

Financial sustainability is key for any company. Although some do not surrender to the evidence and consider football only as a sport practiced on a playing field, nowadays clubs have become real companies with assets to be managed efficiently.

In October 2018, at the shareholders meeting, Roma’s Vice-President Mauro Baldissoni had stated: “Our project is developed on essential economic rules. If revenues cannot 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.”

This is exactly what is happening this summer. Although these strategies may not appeal to passionate football fans, a successful development process should drive the business forward.

Stephan El Shaarawy‘s possible imminent exit must take into account financial strategies that the club is pursuing to improve. Although this concept might seem irrational (sell important players to improve!?!), this strategy is necessary until the stadium is approved and built.

According to the powerful econometric approach developed by CIES Football Observatory, El Shaarawy’s current value is about €20 million. The real value of the Italian-Egyptian winger would be between €20m and €30m but due to the imminent expiration of his contract (2020), we have to take into consideration the lower amount.

The Giallorossi had purchased El Shaarawy from Milan in July 2016 for about €13 million. If rumors of his imminent move to Shanghai Shenhua for an €18m fee will be confirmed, the Lupi would finalize a profitable trade. Roma would be saving approximately €3.7m (gross salary) and his depreciation to put on the balance sheet (about €3.2m).

This would be a  good financial operation (overall about €20m?) that would allow Roma to reduce its operating costs and cope with the tight regulations enforced by UEFA.

If Roma and Shanghai Shenhua will finalize this deal, the club of Trigoria may have more resources to reshape Paulo Fonseca‘s roster. Gianluca Petrachi is currently monitoring several players in cooperation with the Portuguese coach. The sporting director firmly believes Fonseca must have a word on possible deals. The imminent arrival of Pau Lopez (reportedly the goalkeeper will be landing tomorrow in the Italian capital) means that Roma wants to be competitive next campaign as well.

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About Stefano Bernardini 4043 Articles
A Roman between New York, Philadelphia, and Rome achieving his dreams. Persistence can make extraordinary things happen. Editor of AS ROMA 360 | Collaborated with & Calcio e Finanza | Reported on Major League Soccer | Featured on Bleacher Report & OneFootball EN.

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