Financial Report: AS Roma's Q3 loss quintuples as lack of Champions League participation takes its toll

8 June 2020 9:22 AM

James Pallotta — Photo: PA Images With such a significant loss, Pallotta is likely to face scepticism over his strategy from the club's shareholders when they meet on 26th June.

The Italian club's pre-tax loss reached a whopping €128 million in the first three quarters of the year.

It was primarily due to lower revenue from non-participation in Europe's most prestigious tournament.

Roma president James Pallotta will likely face sceptical shareholders at a meeting later this month amid rumours of a possible takeover.

Emil Gjerding Nielson nielson@offthepitch.com

Failing to secure Champions League participation for this season has proven to be costly for AS Roma. The club have just published their results for the three quarters up to 31st March where a €128 million pre-tax loss (€26.3 million last season) is the main eyecatcher.

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