Posts Tagged ‘Serie A’

Beyond The EPL: An American At Roma

This is a follow-up guest post by our Serie A man Eric Giardini.

Unable to balance the books at Roma....

Following the death of her father Franco in 2008, Rosella Sensi was elevated to the role of president at Roma.

Under the fifteen year reign of Franco Sensi, Roma experienced a golden age which saw the club win five domestic trophies and had moderate success in Europe over that time.

However, business at Italpetroli, the oil company owned by the Sensis that had the control over Roma, has been down and Rosella has been forced to put her shares of Roma up for sale to pay of the Italpetroli debts.

For almost a year, the club’s new owner, UniCredit, has been seeking a buyer.  Five potential bids were considered and in early February a buyer was identified.  This buyer came from a somewhat unlikely location—the United States.

The American at Roma...

Thomas Di Benedetto, an American from Boston, submitted the most competitive bid, and that bid was accepted by UniCredit.

The group, Di Benedetto AS Roma LLC, includes Julian Movesian, the President and CEO of Succession Capital Alliance and Arthur Falcone, a Florida real estate developer. Di Benedetto is also a partner in Fenway Sports Group – formally known as New England Sports Ventures (NESV). This name should sound familiar to Liverpool supporters as NESV, with John W. Henry at the lead, successfully purchased the club in October 2010. All indications are, however, that Di Benedetto had distanced himself from the NESV venture (thus the creation of his own group) to allow him to purchase Roma without having any potential conflicts of interest in regards to owning two clubs. NESV has said that it is “not involved or aware” of Di Benedetto’s dealings with regards to the purchase of Roma.

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