ROME- Roma's parent company Italpetroli have denied reports the club is to be taken over by American billionaire George Soros.
Trading in the club's shares was temporarily suspended on Monday as the price rose to its highest in almost six years following increased speculation that Roma could be taken over as early as Tuesday.
Reports in Italy suggest Soros is ready to buy the club for 283 million euros, but Italpetroli insist a deal is not imminent.
"In reference to the news published repeatedly in the newspapers about the owners of AS Roma SpA, Italpetroli SpA, in its role as indirect controller, would like to point out the following," read an Italpetroli statement.
"Reminding everyone what has already been said in press statements on May 23 and 24, 2008, Italpetroli denies, once again, ever having received and/or accepting, directly or indirectly, any show of interest or offer related to the purchase of its own control in Roma, from the part of Inner Circle Sports and/or George Soros.
"Moreover, Italpetroli points out that they have not reached any agreement, directly or indirectly, or signed any pre-agreement, relating to such a deal, nor to being already on course to any process about its resignation.
"Finally, it points out that no meeting is planned between its own representatives and those of Inner Circle Sports with the purpose of signing an agreement for the sale of its shares in Roma.
"So, the news that has been published, and everything relevant to data and financial information, has to be considered not correct and without any foundation."
Roma's shares have risen 93% in the last six months, increasing the club's value to 195 million euros and trading was temporarily suspended after the share price rose to 1.47 euros - the highest since September 2002.
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