Rome

Soccer: Roma looking to bring in Arab investor in March

New stakeholder could inject 100 million into Serie A club

Soccer: Roma looking to bring in Arab investor in March

Rome, February 22 - AS Roma are aiming to get a wealthy Arab investor to take up a big stake in the three-time Italian champions by the end of next month, sources at the Serie A club said on Friday. On Thursday the club issued a statement saying it had reached a preliminary deal for Sheik Adnan Adel Aref al Qaddumi al Shtewi, who is said to be a member of the Saudi royal family, to enter its ownership group. Roma chairman James Pallotta is studying ways for the sheik to take up a stake via two capital increases of 50 million euros each, according to media reports. Pallotta is part of a Boston consortium that made Roma Serie A's first foreign-controlled club in 2011. The American owners have big plans and want to build a new stadium for Roma. photo: Roma chairman James Pallotta

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