We have fewer transparency guidelines since we'll no longer be a public company. There's pros and cons depending upon your viewpoint. Our finances (losses) will be less widely known, so theoretically it'll be easier to maintain/project a position of strength in negotiations.
Mr. Toyota Roma nearing sponsorship agreement with Toyota https://t.co/swEcJyljEM— RomaPress (@ASRomaPress) August 6, 2022
Roma making progress in stadium project https://t.co/ol7EsVtC3P— RomaPress (@ASRomaPress) August 6, 2022
When there is will, there is a way as well. I suspect it all comes down to commitment to grwoth vs commitment to immediate plusvalenza. Friedkin came and immediately hired a world class coach openin himself to the possibility of being criticized by Murinho for his commitment to the club's goals. Now he's making fast strides towards a stadium, because I suspect he's ready to grease some hands along the way and isn't afraid to spend more on making things the easy way, unlike Pallotta who tought that Di Francesco and Moronchi are top 4 club material.
AS Roma 🤝 Toyota #Toyota is officially the new Main Global Partner of #ASRoma and will join the club on the pitch as the training kit sponsor and on the streets of Rome through environmentally-friendly, electrified mobility solutions. Learn more: https://t.co/dGbDW5L1rx pic.twitter.com/8jtso8SwKb— The Friedkin Group (@friedkingroup) August 17, 2022 Mr. Toyota
Friedkin ownership to nullify Roma's old debt worth €275 million https://t.co/PJyfv59Ghb— RomaPress (@ASRomaPress) October 19, 2022 @Salmeen10 explanation?
Debt management, I think they will try to sell new bonds at better terms. They might be worried about EU central banks raising interest rates in the future so they want to secure their future funding now. Alternatively, it could be an easy way to reduce the yearly losses by eliminating interest payments if they don’t raise new debt, but that would be a huge capital injection on their part and I’m not sure its realistic or viable.
At least from that article it sounds more like the former. Either issuing new debt to pay or at least a refinancing. I would bet on issuing new debt at now favorable terms and paying off debt on the books now.
Billionaire Dan Friedkin is raising money from private investors to repay and retire its junk bonds https://t.co/Nvl0JmxUYt— Bloomberg (@business) October 20, 2022
“Friedkin doesn’t back Mourinho”. @windrepel Dumbass Dan Friedkin to personally cover €100 million of Roma's debt https://t.co/bUF8mrGdG8— RomaPress (@ASRomaPress) October 22, 2022
..... And all you idiots backed Pallottashit like the imbeciles in Hitler's bunker. You guys have been humiliated beyond belief.