Roma have announced an agreement to sell the club to the American-based Friedkin Group, who have bought the Serie A giants for €591 million (£534m/$702m).
Previous owner and club president James Pallotta signed the necessary preliminary contracts to sell Roma to Dan Friedkin, the current chairman and CEO of The Friedkin Group, on Wednesday night.
Roma confirmed the news in a lengthy statement on their official website , which reads: "AS Roma SPV, LLC (“AS Roma SPV”), the majority shareholder of AS Roma S.p.A. (the “Team”), announces the signing of a binding Equity Purchase Agreement with The Friedkin Group, Inc.