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Soros takeover drama ends for Roma
Italy - 05 June, 2008
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The saga that gripped Italy — the shadow of foreign ownership — will abate for a while now that U.S. businessman George Soros has dropped an effort to take over Roma.
With Italpetroli, the club's parent company, fighting high debt, rumours abounded that Soros would take control of Roma.
It wasn't so much the shocked reception from the Italian fans that did in the deal, but the arguing between Soros and the club on whether the deal would ever be done.
Italian newspapers bit on every storyline. The Gazzetta Dello Sport reported at the end of May that Soros was 24 hours away from buying Roma with EUR 283 million, including EUR 219 million for the family's 66 percent stake in the club.
Il Romanista claimed the next day that Soros had pulled from the deal.
With Italpetroli, the club's parent company, fighting high debt, rumours abounded that Soros would take control of Roma.
It wasn't so much the shocked reception from the Italian fans that did in the deal, but the arguing between Soros and the club on whether the deal would ever be done.
Italian newspapers bit on every storyline. The Gazzetta Dello Sport reported at the end of May that Soros was 24 hours away from buying Roma with EUR 283 million, including EUR 219 million for the family's 66 percent stake in the club.
Il Romanista claimed the next day that Soros had pulled from the deal.
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