| Revision as of 18:36, 21 March 2014 edit2.123.76.144 (talk) →References← Previous edit | Revision as of 16:02, 23 March 2014 edit undoGiantSnowman (talk | contribs)Autopatrolled, Administrators597,766 edits tidy up language and formatting, removing sources per WP:BLPPRIMARY and WP:ORNext edit → | ||
| Line 1: | Line 1: | ||
| {{BLP sources}} | |||
| {{notability}} | |||
| {{Infobox person | {{Infobox person | ||
| | |
|name = James Pallotta | ||
| | |
|image = <!-- just the filename, without the File: or Image: prefix or enclosing ] --> | ||
| | |
|alt = | ||
| | |
|caption = | ||
| | |
|birth_name = | ||
| | |
|birth_date = {{Birth date and age|1958|3|13}} | ||
| | |
|birth_place = ], United States | ||
| ⚫ | |nationality = American | ||
| | death_date = <!-- {{Death date and age|YYYY|MM|DD|YYYY|MM|DD}} or {{Death-date and age|Month DD, YYYY|Month DD, YYYY}} (death date then birth date) --> | |||
| | |
|other_names = | ||
| ⚫ | |alma_mater = ] (])<br />] (]) | ||
| ⚫ | | |
||
| ⚫ | |occupation = Entrepreneur | ||
| | other_names = | |||
| ⚫ | |known_for = President of ] | ||
| ⚫ | | |
||
| ⚫ | |parents = James R. Pallotta<br />Angelina Pallotta | ||
| ⚫ | | |
||
| ⚫ | |spouse = Kimberly Pallotta | ||
| ⚫ | | |
||
| ⚫ | | |
||
| ⚫ | | |
||
| }} | }} | ||
| '''James Pallotta''' ( |
'''James Pallotta''' (born March 13, 1958), is an American investor and hedge-fund manager and, since August 27, 2012, the president of the Italian ] club ]. | ||
| In 2005, he had income of about 200 million dollars as Managing Director of Tudor Investment Corporation. Pallotta's net worth has been estimated to be more than a billion dollars. In addition to his investment in A. S. Roma and other investments, Pallotta is a shareholder in the ].<ref></ref> | In 2005, he had income of about 200 million dollars as Managing Director of Tudor Investment Corporation. Pallotta's net worth has been estimated to be more than a billion dollars. In addition to his investment in A. S. Roma and other investments, Pallotta is a shareholder in the ].<ref></ref> | ||
| ==AS Roma== | ==AS Roma== | ||
| Pallotta, along with three other American investors (], Michael Ruane and Richard D'Amore) submitted a bid for the acquisition of ]; they were already interested in the team following the failure of negotiations with ].<ref></ref> | |||
| On 16 April 2011, following the signing of the contracts in Boston, a JV company "DiBenedetto AS Roma LLC" (which the 4 American were the shareholders in equal ratio) became the new majority shareholder of ] Group. Under the agreement, another JV formed in order to acquire all the share held by Sensi family (67.097%) on AS Roma SpA, as well as 100% shares of two sister companies, "Brand Management S.r.l.", which actually the brand of Roma was held, and "ASR Real Estate S.r.l.", which the shares of Roma Group (as "Roma 2000") already ''de facto'' owned by Unicredit for debt reconstruction. The new JV, "NEEP Roma Holding", was a joint venture of "DiBenedetto AS Roma LLC" (later renamed to AS Roma SPV LLC) and Unicredit in 60% and 40% ratio. "DiBenedetto AS Roma LLC" had option to purchase more shares from Unicredit in the first quarter of 2012.{{fact|date=August 2013}} On 27 October 2011 Pallotta officially joined the board of directors of ] and the executive committee of the same. Since August 27, 2012, he is the president of the Italian football club ], the 23rd of the club's history after ].<ref></ref> | |||
| The "NEEP Roma Holding", with share capital of €120,000 in 2011–12 financial year,<ref>http://www.asroma.it/pdf/corporate/comunicati_finanziari/2011-09-30_offerta_pubblica_di_acquisto_obbligatoria_totalitaria_promossa_da_neep_roma_holding_s.p.a._su_azioni_ordinarie_di_a.s._roma_s.p.a._-_incompleto.pdf</ref><ref>NEEP Roma Holding SpA Report and Accounts on 30 June 2012 {{it icon}}</ref> planned a complete ] by purchased all the shares held by the public (thus ] AS Roma from ]) but failed. However NEEP now owned 78.038% of AS Roma SpA. Converted to ownership ratio, Pallotta held 25% times 60% times 78.038% of the shares of AS Roma SpA (equal 11.7057%), but more controlling power in terms of majority voting rights of "NEEP Roma Holding" on "AS Roma SpA" and "AS Roma SPV LLC" on "NEEP Roma Holding". | |||
| In 2013 the ownership ratio of "NEEP Roma Holding" had changed to "AS Roma SPV LLC" 60% UniCredit 31% and Raptor HoldCo, LLC 9%. It is reported the deal was financed by Pallotta solely and Raptor purchased the shares from UniCredit for ]; co-currently with the new ownership ratio, "NEEP" had increased the share capital to €160,008,905 <ref>http://www.asroma.it/pdf/corporate/comunicati_finanziari/2013_08_01_press_release.pdf</ref><ref>http://www.asroma.it/pdf/corporate/comunicati_finanziari/2013_06_08_estratto_patti_parasociali.pdf</ref> in order to re-capitalize "AS Roma SpA" the football club itself, which the ] stood at €19,878,494.4 on 31 December 2012.<ref>http://www.asroma.it/pdf/corporate/bilanci_e_relazioni/relazione-semestrale-31-12-12.pdf</ref> The deal ''de facto'' made UniCredit did not fully subscribe the new shares by withdrew its shareholder loan. | |||
| On August 27, 2012, became the president of club, succeeding ], and becoming the 23rd in the club's history.<ref></ref> | |||
| After the purchase, Pallotta owned the shares of "AS Roma SpA" indirectly for 16.16% (9% times 78.038% plus original 11.7057%); however in terms of voting rights unchanged as his ratio in "AS Roma SPV LLC" unchanged. | |||
| == References == | == References == | ||
| Line 39: | Line 33: | ||
| | ALTERNATIVE NAMES = | | ALTERNATIVE NAMES = | ||
| | SHORT DESCRIPTION = Football executive | | SHORT DESCRIPTION = Football executive | ||
| | DATE OF BIRTH = |
| DATE OF BIRTH = March 13, 1958 | ||
| | PLACE OF BIRTH = Boston, Massachusetts | | PLACE OF BIRTH = Boston, Massachusetts | ||
| | DATE OF DEATH = | | DATE OF DEATH = | ||
Revision as of 16:02, 23 March 2014
 | This biography of a living person needs additional citations for verification. Please help by adding reliable sources. Contentious material about living persons that is unsourced or poorly sourced must be removed immediately from the article and its talk page, especially if potentially libelous. Find sources: "James Pallotta" – news · newspapers · books · scholar · JSTOR (Learn how and when to remove this message) |
| The topic of this article may not meet Misplaced Pages's general notability guideline. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted. Find sources: "James Pallotta" – news · newspapers · books · scholar · JSTOR (Learn how and when to remove this message) |
| James Pallotta | |
|---|---|
| Born | (1958-03-13) March 13, 1958 (age 66) Boston, Massachusetts, United States |
| Nationality | American |
| Alma mater | Northeastern University (M.B.A.) University Of Massachusetts (B.B.A.) |
| Occupation | Entrepreneur |
| Known for | President of Roma |
| Spouse | Kimberly Pallotta |
| Parent(s) | James R. Pallotta Angelina Pallotta |
James Pallotta (born March 13, 1958), is an American investor and hedge-fund manager and, since August 27, 2012, the president of the Italian association football club Roma.
In 2005, he had income of about 200 million dollars as Managing Director of Tudor Investment Corporation. Pallotta's net worth has been estimated to be more than a billion dollars. In addition to his investment in A. S. Roma and other investments, Pallotta is a shareholder in the Boston Celtics.
AS Roma
Pallotta, along with three other American investors (Thomas R. DiBenedetto, Michael Ruane and Richard D'Amore) submitted a bid for the acquisition of Roma; they were already interested in the team following the failure of negotiations with George Soros.
On August 27, 2012, became the president of club, succeeding Thomas R. DiBenedetto, and becoming the 23rd in the club's history.
References
- The 50 Wealthiest Bostonians | Boston Magazine
- Roma, il futuro fa rumore ''Scudetto primo obiettivo'' - Repubblica.it
- GAZZETTA DELLO SPORT Pallotta, è tua! Tra basket e soccer. La scalata di mister James per fare grande la Roma | gazzettagiallorossa.it