Roma balance sheet shows massive debt

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Roma’s poor financial situation has once again been brought to light with the club showing a debt of €278.5 million on their balance sheet.

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The club approved the figure at a recent shareholders’ meeting on March 31, an increase of €60m compared to June 30, 2019.

The causes of the increase are the loss in revenue due to the coronavirus pandemic, along with the breakdown in talks regarding a sale with Dan Friedkin.

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As a result the shareholders have agreed to hold another meeting on June 26.

Source: forzaitalianfootball.com