Roma owner and president Dan Friedkin has injected massive capital into the club’s coffers, but it still takes a lot to run the Giallorossi functions, with nearly €20m needed on average each month to keep the club running. According to reports from Il Tempo (via ForzaRoma), the Friedkin Group has pumped in €25m in cash
Revenues for the capital club have significantly contracted due to losses that can majorly be attributed to the pandemic and the lack of Champions League football, where Roma have not starred since the 2018/19 season.
Too add to the woes, the Giallorossi have particularly suffered financially in the transfer market with an income of just €13.52m from outbound departures, having spent €125.75m on arrivals. This brings about an overall negative transfer balance in the club’s books of €-112.2m (via transfermarkt).
Quasi 535 milioni in 18 mesi, ecco quando i Friedkin hanno speso per la Roma #SerieA https://t.co/QJGu2zxfHu
— La Gazzetta dello Sport (@Gazzetta_it) February 3, 2022
Roma were bought by the American businessman in August 2020 for little over half a billion euros (€591m/$700m to be precise) from former owner James Pallotta. Since then and with the €25m invested recently, a total of €534m has been invested by the new management, including the €199m paid for the purchase of the club’s shares from Pallotta and other shareholders.
Having released the summary of numbers regarding the financial data for recent months, it has been revealed that Roma’s adjusted net financial debt dated at the end of last year was €322m, before which it was €311.7m in June 2021, according to La Gazzetta dello Sport (via Giallorossi.net). The increase of €10.3m was due to the club’s lower liquidity index – similar to that of Derby della Capitale rivals Lazio – and increase in loans.
New CEO Pietro Berardi is working on new avenues of revenue for the club, with utmost regard being given to generate income from the stadium.