UPDATE 2-Soccer-AS Roma met Soros group as potential investor

Mon Apr 21, 2008 8:00pm BST
 
Email | Print | | Single Page
[-] Text [+]

(Repeats for additional subscribers, no change to text)

ROME, April 21 (Reuters) - A representative of a group linked to billionaire financier George Soros met with AS Roma's (ASR.MI) top shareholder last week, the Italian soccer club said on Monday.

Italpetroli, the club's main shareholder, had previously only said it had met a representative of an unnamed potential investor.

After discussions with Consob, Italy's bourse regulator, Italpetroli and the club confirmed in a joint statement media reports that the meeting was with Inner Circle Sports, a global sports investment and advisory bank connected to 77-year-old Soros.

"(The meeting had) a purely explorative nature," AS Roma and Italpetroli said in the statement.

In an earlier statement on Monday, Italpetroli denied it had begun the process of selling its controlling stake or that it had received an offer to buy the club.

Media reports have also linked the rulers of Dubai with a possible bid, but the statement said Italpetroli had received "no offer from the Arab Emirates royal family," and all such press reports were "groundless."

Sporadic rumors have also circled about interest in fellow leading Italian soccer club Juventus (JUVE.MI).

Juventus Chairman Giovanni Cobolli Gigli told a news conference in Milan that foreign investors were entitled to buy stock on the market, but "certainly not a majority stake."  Continued...

 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
Currency
US $ inGBP =0.6138
Euro inGBP =0.8538
¥en inGBP =0.0066

Most Popular on Reuters UK

  • Articles
  • Videos