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Wednesday April 23, 2008

Soros’ group linked with AS Roma sale

ROME: A representative of a group linked to billionaire financier George Soros met with AS Roma's 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 they had begun the process of selling their controlling stake or that they had received an offer to buy the club. – Reuters

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