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AS Roma put up for sale


AS Roma has officially been put up for sale.   As part of a broader deal to settle their debts with the UniCredit bank the Sensi family have transferred their 67 per cent stake in the club to a new company which then be put up for sale by the bank.   Ironically, the chief executive of UniCredit, Alessandro Profumo, is a keen fan of Inter Milan.

The 'Giallorossi' (yellow-reds) regularly attract crowds of 70,000 fervent supporters and they have qualified for the Champions League this season.   However, it has been known for three years that the Sensi family might be willing to sell and no buyer has come forward.  A Serie A team with such fervent fans might not be an attractive prospect in a financial climate where the few prospective purchasers with the necessary funds could, for example, choose to buy Liverpool instead (although AS Roma would cost less).

The financial markets reacted with equanimity to the much heralded news with AS Roma shares fallling only by 0.86 per cent in Milan.