U.S. billionaire Friedkin signs deal to buy Italy's AS Roma


FILE PHOTO: Soccer Football - Serie A - AS Roma v Lazio - Stadio Olimpico, Rome, Italy - January 26, 2020 General view AS Roma fans display their club badge inside the stadium before the match REUTERS/Jennifer Lorenzini

ROME (Reuters) - U.S. billionaire Dan Friedkin has signed a deal worth more than $700 million to purchase the Italian Serie A soccer club AS Roma, the club said on Thursday.

Roma said in statement that formal contracts with the Houston, Texas-based Friedkin Group were signed on Wednesday for a transaction valued at 591 million euros.

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