The Friedkin Group is the new owner of Roma. The official announcement came at the closing of the stock exchange through a note issued by the Giallorossi club.
Rome to Dan Friedkin, it's now official. The Friedkin Group completed the acquisition of the majority stake in Rome, approximately 86.6% of the share capital, through “Romulus and Remus Investments” (a company incorporated under the laws of Delaware).
As a result of the completion of the acquisition of the majority stake in the club, Friedkin is required to launch a mandatory takeover bid on the remaining ordinary shares on the market.
After the completion of the closing, the Rome Board of Directors received the resignations of the following directors with effect from today's date.
Resigning are James Pallotta, Charlotte Beers (independent), Richard D'Amore, Gregory Martin, Paul Edgerly, Cameron Neely (independent) and Barry Sternlicht.
These directors, explains the note issued by Rome, do not hold shares in the club and have not been beneficiaries of severance pay in connection with such resignations. THE
The Board also appointed the following new directors by co-option: Dan Friedkin (chairman), Ryan Friedkin, Marc Watts, Eric Williamson, and Ana Dunkel.
The new executive committee will consist of Dan Friedkin (president), Ryan Friedkin, Guido Fienga, Marc Watts and Eric Williamson. Guido Fienga will keep the position of CEO of Rome.
Who is Dan Friedkin
From an American from Boston to a Californian based in Texas.
Rome changes hands from hedge fund man James Pallotta to investor Dan Friedkin, president and CEO of the private and diversified consortium of the same name.
His interests span the automotive, hospitality, entertainment, golf and adventure industries based in Houston, Texas.
Among the activities of the Friedkin Group stands out Gulf States Toyota, one of the world's largest independent distributors of Toyota vehicles and parts, serving more than 150 dealerships.
Dan, a Californian from San Diego born in 1965, married with 4 children, a degree from Georgetown University and a Masters in Business Administration from Rice University, is the head and co-founder of Imperative Entertainment.
It is a company that develops, produces and finances original branded entertainment with a focus on film, television and documentaries.
Friedkin joined Hollywood with the distribution company Neon, was a producer of “The Square”, 2017 Cannes Gold Medal, and Ridley Scott's “All the Money in the World”.
Since 2013 he has been president of the Auberge Resorts Collection, a portfolio of luxury resorts, hotels and vacation properties.
He also owns Banner Elk's Diamond Creek Golf Club, one of America's 100 best golf courses.
Best wishes from the mayor Virginia Raggi
“Best wishes for Dan Friedkin and the new ownership of As Roma”.
“We welcome entrepreneurs who want to bring investments and create jobs. Our football clubs are an important asset for the fans and for the whole city ”. The mayor of Rome, Virginia Raggi (source: Ansa, Agi) writes it on Twitter.
Source: Blitz Quotidiano