29-05-2008, 05:15 PM
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#69 (permalink)
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TS V.I.P. Member
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AS Roma
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Now, they are withdrawing their bid...this is nuts. I don't know what to believe.
Quote:
Soros withdraws Roma interest
Thursday 29 May, 2008
Hungarian-born philanthropist George Soros is no longer interested in buying Roma, according to the American Press.
The 77-year-old, who is based in the United States, has been repeatedly linked with a move for the Giallorossi in recent months.
The Sensi family, who preside over Roma, has gone to great lengths to deny the existence of any bid for the club, despite rampant speculation.
The New York Post yesterday reported that Joe Tacopina, Soros' lawyer, is due in Rome this week to iron out a deal.
The New York Daily News has today, however, quoted Soros' spokesman as saying: “To a certain degree, Soros Fund Management is interested in Roma.
“But only as much as it is interested in hundreds of other businesses. In the end, a decision has been taken to withdraw from negotiations.
“Soros Fund Management is no longer thinking about this deal.”
Roma fans are believed to be angry about the uncertainty surrounding their club and its financial health.
Italpetroli, the Sensi-owned company which owns Roma, is £295m in debt.
Consob, the Italian Commission for Companies and the Stock Market, has recommended that the club be sold to manage the debt.
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