Serie A still attracts investors despite decline


FILE PHOTO: Football Soccer - AS Roma v Genoa - Serie A - Stadio Olimpico, Rome, Italy - 28/5/17 Francesco Totti with Roma President James Pallotta after his last game Reuters / Stefano Rellandini/File Photo

MILAN (Reuters) - Serie A is sometimes seen as the fallen giant of Europe's top soccer leagues, based in a country where a stifling bureaucracy has prevented its clubs from competing on level terms with rivals from England, Spain and Germany.

Yet, AS Roma's imminent takeover by Texas-based billionaire Dan Friedkin, announced on Thursday, shows that it can still attract foreign investors who believe in the potential of both the league and its clubs.

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