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Friedkin Group agrees €591m Roma takeover deal

Jordan Veretout of AS Roma celebrates with his teammates after scoring during the Serie A match versus ACF Fiorentina at Stadio Olimpico on July 26 (by Giuseppe Maffia/NurPhoto via Getty Images)

Italian Serie A football club AS Roma is set to receive new American owners after the Friedkin Group agreed a €591m ($700m) deal to acquire the team.

The deal announced today (Thursday) is set to end Jim Pallotta’s stewardship of the club, with his US consortium having completed a takeover in August 2011. AS Roma SPV, the majority shareholder of the club, has signed a binding equity purchase agreement with the Friedkin Group, which is led by American billionaire Dan Friedkin.

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