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07 August 2020The mandatory bid that the group of the American entrepreneur Dan Friedkin will be forced to launch on As Roma after the acquisition of the controlling stake by James Pallotta "could be functional to the delisting of the Club", which could thus say goodbye to Business Square. This is stated in a joint note from the Giallorossi club and The Friedkin Group issued at the request of Consob. 

Dan Friedkin's group intends to "support Rome's financial needs" "by subscribing a share of the expected capital increase for an amount at least equal to that of the club-member loans". The American tycoon group points out in a note, agreed with Consob.   

The timing of the increase and the amount of the increase, which Rome has approved at 150 million euros, will be finalized downstream of the purchase of control of the Giallorossi club, explains the Friedkin group. The investors led by James Pallotta had disbursed a shareholder loan of 111 million euros (which will be repaid by Friedkin), aimed at subscribing the increase.