AS Roma: stock jumped 230% in one month, not just because of faultless team

AS Roma (Serie A), which won their first eight games in the Italian championship, saw their stock market value jump 230% in one month (26.8% in a single day on Monday 21/10/2013), reaching €1.80, on the 10/22/2013.

The team's winning start this season has been driven by French coach Rudi Garcia and the prospect of qualifying for the Champions League in 2014/15, a competition in which the Roman club has not been involved since 2010/11. Although, it isn't the only reason for the club's stock performance. Other factors come into play, including the expected construction of a new stadium, announced on the 30/12/2012 by American club president James Pallotta.

"In a few months we will say everything about the new stadium," he said on the 10/09/2013. The club intends to build in Tor di Valle, south-west of Rome, a 60,000-seat stadium which it would own. This would allow it to leave the Olympic Stadium in Rome (80,000 seats) which is shared with Lazio. AS Roma would like to move in during the 2016/17 season, but the mayor of Rome, Ignazio Marino indicated that he had seen nothing of this…