Roma’s Transfer Summary

Roma closed the 2014/15 summer transfer market with the highest net spend in Italy despite the club sitting on sizable debt and having intentions to build a new state of the art stadium. The high net spend (for Italian standards) will probably be attributed towards the injection of cash through qualifying for the UEFA Champions League. Qualifying for the Champions League group stages is worth a minimum of €8.6 million from UEFA, not to mention the money received from the market pool (TV rights money). With Napoli out of the Champions League it means Roma will now receive approximately €20 million from the market pool and so playing in Europe’s premier football competition is now worth around €30 million to Roma. The high spend in this transfer window could also be interpreted as Roma investing in assets whose potential will be realized through a sale within two to three years: a model Roma fans may not like but one which will provide security in economically tight times.

Roma’s 2014/15 Transfer Summary is broken down into immediate fees received/spent and then fees which may be paid (dependent on bonuses and whether moves are made permanent) at the end of the season or in seasons after that.

‎Iturbe €22m + €2.5m
Manolas €13m + €2m
Emanuelson €0m
Cole €0m
Keita €0m
Sanabria €4.9m + €7m
Holebas €1m + €0.5m
Astori €2m loan fee (to make permanent €5m)
Uçan €4.75m loan fee (to make permanent €11m)
Yanga Mbiwa €1.26m loan fee (to make permanent €7m)
Nainggolan €6m

Initial Outlay: €54,91m
Potential Future Outlay: €35m
Potential Total: €89.91m

Verre €0.9m
Benatia €26m + €4m
Dodô €1.2m + €7.8m
Romagnoli €0.5m + €2m

Initial Transfer Revenue: €28.6m
Potential Future Revnue: €13.8m
Potential Total: €42.4m

Bear in mind when reading these figures that most transfer fees are spread out over the course of a player’s contract and so the fee received for Medhi Benatia (for example) may be paid in two or three installments. It is also important to consider that there is dispute over the real price of Juan Iturbe’s transfer with some news outlets suggesting that Roma paid an extra €5.5 million to the third party who owned a percentage of Iturbe’s economic rights but this cannot be validated.