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Roma denies sale is imminent
Italy - 28 May, 2008
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Italian Roma again has denied that it will be taken over by U.S. billionaire George Soros.
Trading in the club's shares was temporarily suspended 26 May as the price peaked to its highest point in almost six years.
Italian media reports have said Soros will purchase the club for EUR 283 million. Italpetroli, the club's parent company, denied the parties are that close.
"In reference to the news published repeatedly in the newspapers about the owners of AS Roma SpA, Italpetroli SpA, in its role as indirect controller, would like to point out the following," read an Italpetroli statement, "reminding everyone what has already been said in press statements on May 23 and 24, 2008, Italpetroli denies, once again, ever having received and/or accepting, directly or indirectly, any show of interest or offer related to the purchase of its own control in Roma, from the part of Inner Circle Sports and/or George Soros.
"Moreover, Italpetroli points out that they have not reached any agreement, directly or indirectly, or signed any pre-agreement, relating to such a deal, nor to being already on course to any process about its resignation.
"Finally, it points out that no meeting is planned between its own representatives and those of Inner Circle Sports with the purpose of signing an agreement for the sale of its shares in Roma.
"So, the news that has been published, and everything relevant to data and financial information, has to be considered not correct and without any foundation."
Trading in the club's shares was temporarily suspended 26 May as the price peaked to its highest point in almost six years.
Italian media reports have said Soros will purchase the club for EUR 283 million. Italpetroli, the club's parent company, denied the parties are that close.
"In reference to the news published repeatedly in the newspapers about the owners of AS Roma SpA, Italpetroli SpA, in its role as indirect controller, would like to point out the following," read an Italpetroli statement, "reminding everyone what has already been said in press statements on May 23 and 24, 2008, Italpetroli denies, once again, ever having received and/or accepting, directly or indirectly, any show of interest or offer related to the purchase of its own control in Roma, from the part of Inner Circle Sports and/or George Soros.
"Moreover, Italpetroli points out that they have not reached any agreement, directly or indirectly, or signed any pre-agreement, relating to such a deal, nor to being already on course to any process about its resignation.
"Finally, it points out that no meeting is planned between its own representatives and those of Inner Circle Sports with the purpose of signing an agreement for the sale of its shares in Roma.
"So, the news that has been published, and everything relevant to data and financial information, has to be considered not correct and without any foundation."
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