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Abu Dhabi Says It Has No Plans to Buy AS Roma

Abu Dhabi Says It Has No Plans to Buy AS Roma

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James M. Dorsey
Feb 02, 2011
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Abu Dhabi Says It Has No Plans to Buy AS Roma
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Abu Dhabi-based Aabar Investments PJSC has dropped plans at the last minute to bid for the acquisition of Italian football club A.S. Roma, a three-time Italian champion.
Aabar was believed to have submitted a €150 million bid for the indebted club that has been on the market for months.
Although AS Roma has a net debt of only €9 million, the club is on th…

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