Friedkin makes well-timed AS Roma entry as undervalued Serie A awaits private equity investment
7 August 2020
Friedkin's acquisition of AS Roma comes as private equity investors are looking to capitalise on the undervalued Serie A.
Their interest has further strengthened budding investors' desire to investigate investment potential in Italian top flight clubs, according to a leading sports advisor.
Roma's new owner is likely to be met with scepticism from fans who have grown disillusioned with current owner James Pallotta.
The club have revealed further details of the purchase agreement, including that Roma could delist from the stock market.
The Friedkin Group (TFG) has made a well-timed entry into AS Roma. Besides the fact that the coronavirus pandemic seemingly contributed to the US investors getting a discount of around €160 million, the acquisition comes at a time when several private equity firms reportedly are in talks with the Serie A over purchasing a stake in the league.
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