James Pallotta took over AS Roma in 2011 together with two business partners, in 2012 he became president of the club. The early years under the American were promising. The club was thoroughly professionalised and plans were also unfolded for the construction of a new stadium.
On a sporting level, Roma could not harvest under Pallotta, although the Romans did finish 5 times in a row in the top 3 of the Serie A. The outlier was perhaps the stunt victory against Barcelona in the Champions League 2 years ago, when Roma stranded in the half. finals.
Then it went a lot less sporty, partly because the best players such as Mo Salah and Alisson were sold every year to keep the accounts in order. In addition, the relationship between Pallotta and the fans became increasingly noisy, which the American saw as guilty for parting with club icons Francesco Totti and Daniele De Rossi.
Pallotta had been negotiating a takeover with his countryman Dan Friedkin for months, the signatures were placed last night. Before the corona crisis, Pallotta refused another offer of around 700 million euros, now he must be satisfied with around 590 million euros. Friedkin is expected to call himself chairman of AS Roma by the end of September.