Italian club Roma announced today a change in ownership after billionaire Dan Friedkin purchased the capital team for 591 million euros (700 million US dollars). Friedkin (54) bought the Italian club from businessman James Palota (62). The club said in a statement: "The Roma club confirms that an agreement has been reached between AS Roma SPV, LLC, the largest shareholder in Roma SBA and the Friedkin Group, regarding the sale of the club." "The operation is estimated at 591 million euros." It is expected that the signature will take place before the end of this month. According to Forbes, his fortune is estimated at more than four billion dollars, making it the number 504 on the list of the world's rich.

Follow our latest local and sports news and the latest political and economic developments via Google news