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AS Roma President James Pallotta Wants Success On Small Budget

AS Roma President James Pallotta said that he "wants the Serie A club to emulate the likes of Leicester City, Atletico Madrid and Sevilla by being successful on a budget that is smaller than their rivals," according to Ben Gladwell of ESPN.com. The U.S. hedge-fund manager "acknowledged that Italian football continues to lag behind other big leagues in terms of the revenue it produces for its clubs, but he does not believe that should be an obstacle to success, even on the European stage." Pallotta said, "Obviously Leicester struck lightning last year, but if you look at even Atlético Madrid being in the Champions League final two of the last three years and their revenues are about €160-170 million, or Sevilla and see how well they've done. That's what we're trying to build in our academy program." AS Roma is therefore "investing greater sums in youth development than they are in ready-made first-team players." Pallotta "does not regret getting involved in the Giallorossi." He said, "A couple of years ago, I was asked why we looked at [investing in] Roma. I started talking about it and after a couple of minutes I said I could go on for 30 minutes but at the end of the day, it's f---ing Rome" (ESPN.com, 8/4).

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