“A group of U.S. investors made an offer to UniCredit SpA, co-owner of AS Roma, to acquire the three-time Italian soccer champion.
They are proposing to pay as much as 130 million euros ($178 million) and are seeking a 50 million-euro credit line for AS Roma from UniCredit after the purchase, Italian newspaper Il Messaggero reported Jan. 28. Movsesian declined to provide details of the offer.
He said it would be “an honor” to buy the team, and revealed it would be “trophy asset” as well as an investment.”
What do you think?
Do you know how much return you could get on a soccer team? Is buying a team more or less risky than buying a stock?
Tags: Alternatives, hedge funds, Italy, soccer, sports