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Rome, the new stadium does not drive the stock market crazy

The project, which has a total cost of 1 billion and will be financed only by private entities (but not by Chinese capital), will serve to build a new stadium with 52 seats (which can be increased to 60) within two years in the Tor di Valle area – Tepid stock on the Stock Exchange after the announcement.

Rome, the new stadium does not drive the stock market crazy

“The new stadium will have a profound impact on the team and the fans. It is the result of a process that lasted 24 months, in which we listened to the opinion of the fans and put the maximum effort into it. It is a stadium that inspires fear in the opponents”. These are the high-sounding words of the president of Rome, James Pallotta, bin the Hall of the Protomoteca, in the Campidoglio a
Rome, where the project for the new stadium that will host the Giallorossi's home matches starting from the 2016-17 season was unveiled today, as hoped by many.

Fifty-two thousand places that can be increased, 300 million euros (but the overall project will move around one billion), two years for construction: the "new Colosseum" (but this will not be the name, James Pallotta hastens to point out) of steel and glass will be born in Tor di Valle, halfway between the center and Fiumicino airport. The covers? "The works will be financed entirely by private individuals" specifies the American leadership. Not from Chinese capital, however, as had been feared: “We haven't spoken in the last two months – observes Pallotta referring to the possible entry into the company of the Chinese tycoon Chen Feng -. There was some preliminary contact, we liked them but it is not necessary to have them as investors”.

The operation, of great importance from a sporting and above all financial perspective, has not at the moment particularly warmed the hearts of investors: the As Roma share, which had started the day well after last night's painful victory against Turin, gradually deflated after the expected announcement of the new stadium, traveling on +0,8% at the beginning of the afternoon, 1,165 euro.

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