Roma release financial data for first half of 16/17 fiscal year

Roma have released their latest financial statement from the first half of the 2016-2017 fiscal year. Here are some key points of the release:

– The budget for the period ended in the red by €53.4 million.

– Ending 31 December 2016, Roma had a figures €3.4 million less than December 2015. Primarily due to failing to make the Champions League group stages.

– Capital gains through the sales of players was down during this period.

– Roma generated €23.7 million worth of revenue through participation in the Championship League preliminary stages and the Europa League.

– The loan of Iago Falque was terminated in January and the player was permanently sold to Torino for a fee of €5.8 million.

– The contractual obligations were fulfilled for Emerson Palmieri to be officially purchased by Roma for a fee of €2 million total (includes loan fee of €250,000).

– Juan Iturbe was sold on loan to Torino until 30 June, 2017, the Granata have an option to buy for an undisclosed fee.

– The same can be said of Clement Grenier, the player will remain on loan until 30 June, 2017 and the Giallorossi have an option to buy for an undisclosed fee.

– It was confirmed that Roma have options to reacquire both Federico Ricci and Umar Sadiq from Sassuolo and Bologna, respectively.