April 10, 2008

According to La Repubblica, American billionaire businessman George Soros has given himself 10 days to decide whether or not to launch an official takeover of Roma.

There have been strong reports in the Italian media for several weeks now that Roma will have to be sold due to the fact that the club's parent company, Italpetroli, have accumulated debts in the region of $580 million.

A number of American businessmen have been heavily associated, but the most concrete interest has come from Soros.

La Repubblica says that the 78-year-old political activist and philanthropist is taking a look at the Giallorossi financial accounts before deciding whether to launch a takeover bid in 10 days time.

As part of his plans, Soros wants to build a new stadium, and will follow the example of Arsenal's move in 2006 from Highbury to the Emirates Stadium.

Speculation that Roma is set to be taken over was further increased last night when administrative delegate Rosella Sensi, who is the daughter of club President Franco Sensi, was missing from the stands of Old Trafford during Roma's Champions League tie with Manchester United.

Sensi has played down the significance of this, saying she was ill, but refused to comment on the takeover rumors.

"I was ill and stuck at home with the flu, despite the lies that were made up to explain my absence in Manchester," she said.

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