How to buy shares in Roma

Founded in 1927, Associazione Sportiva (AS) Roma, commonly referred to as simply Roma, has played in the top tier of Italian football for nearly 90 years.

Playing at the famously hostile Stadio Olimpico – home of the 1990 World Cup final – the Giallorossi (yellow and reds) have won 3 Serie A titles alongside 9 Coppa Italias and are a mainstay of Italian football. A true encapsulation of the ancient city they inhabit, the club’s badge features a she-wolf, which is an allusion to the founding myth of Rome.

Majority owned by the Friedkin Group, as of May 2025, Forbes valued Roma at $810 million (around £602 million at the time), which placed it as the 27th most valuable club in the world. In 2025 Deloitte estimated the club’s revenue at $273 million.

Alternative ways to invest in Roma

You can’t invest directly in Roma, but you could invest in some of its sponsors or global partners. Football club sponsors provide funds directly to football clubs to buy new kit and equipment as well as travel to games.

• Here are Roma's current sponsors and global partners:

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Other clubs you can buy shares in

Interested in buying shares in another football club? Luckily there are some – you can buy shares in clubs such as Manchester United, Celtic, Lazio and Borussia Dortmund, among others. See the table below for all the current football clubs that you can buy shares in.

Note: not all football clubs are public limited companies (PLCs) and therefore you can’t buy and sell shares in them.

Roma history

When looking at Roma’s history, it is hard to look past arguably the club’s greatest ever servant, Francesco Totti. Encapsulating the spirit of a Roman gladiator, in all Totti racked up 785 appearances for the Giallorossi over his 24 years at the club. The true definition of a one-club man, the World Cup winner scored 307 goals during this spell.

It has now been over 20 years since Roma last won the Scudetto (Serie A) with its last domestic league title being achieved in 2001 under the legendary captaincy of club legend Totti.

After a fairly mediocre period in the 1990s, the 2000s proved much more rewarding with Giallorossi also picking up 2 Coppa Italia trophies and its first 2 Supercoppa Italiana titles.

However short-term success on the field should not be taken into account when it comes to investing. The key is to think longer-term. When it comes to investing, the share price of listed football clubs should in theory be driven by the same as any other share; future profit outlook, as well as supply and demand.

Roma was listed on the Borsa Italiana in 1999. In August 2020 the Friedkin Group announced the acquisition of the 86.6% majority stake in the club and launched a mandatory tender offer upon the publicly held ordinary shares, representing the remainder of the club’s share capital. The group also acquired Everton in late 2024.

Roma has long competed in the Champions League (and old European Cup) reaching the semi-finals in 1984 and 2018, both times losing out to Liverpool. Meanwhile in 2021 the club reached the semi-final of the Europa League, again missing out to English competition after losing to Manchester United. The silverware finally arrived in 2022’s UEFA Europa Conference League when José Mourinho led Roma to victory.

Bottom line

While it was possible to buy shares in Roma previously, it is now majority owned by the Friedkin Group. If you want to invest in a football club then you’ll have to look elsewhere.

• Is Roma in debt?

  Yes. In December 2024 Roma reported it had reduced debt to €636.2 million (from €868.7 million as of 30 June 2023), with €297 million of that owed to the Friedkin Group. Roma stated their net financial adjusted debt was €139.4 million.

• How much is Roma worth?

  In mid-2025, Forbes valued Roma at $810 million (around £602 million at the time), making it their 27th most valuable club globally.

• Who owns Roma?

  The club was taken over by the Friedkin Group, a consortium run by US billionaire Dan Friedkin, in August 2020. This ended 7 years of Jim Pallotta’s reign. Pallotta, a businessman of Italian descent, bought two-thirds of club shares for $100 million (around £72 million) in 2011. The deal for the 86.6% majority stake of the club’s shares was reported to cost in the region of $700 million (£507 million).

Written by

Adam Lewis

Writer

Adam Lewis is a freelance journalist and content editor at Last Word Media, with over 20 years of experience in financial journalism. A five-time award winner, he’s written for a range of specialist trade publications including Portfolio Adviser, Investment Week and Trustnet. See full bio