bank was not willing to fully participate in the capital increase of NEEP from €120,000 to €160,008,905 (excluding share premium). On 4 April 2014 Starwood Capital Group also became the fifth shareholder of AS Roma SPV, as well as forming a strategic partnership with AS Roma SpA to develop real estate around the new stadium. The private investment firm was represented by Zsolt Kohalmi in AS Roma SPV, who was appointed on 4 April as a partner and head of European acquisitions of the firm. On 11 August 2014, UniCredit sold the remain shares on NEEP (of 31%) for €33 million which meant AS Roma SPV LLC (91%) and Raptor Holdco LLC (9%) were the sole intermediate holding company of AS Roma SpA. Since re-capitalization in 2003–04, Roma had a short-lived financial self-sustainability, until the takeover in 2011. The club had set up a special amortisation fund using Articolo 18-bis Legge 91/1981 mainly for the abnormal signings prior 2002–03 season, (such as Davide Bombardini for €11 million account value in June 2002, when the flopped player exchange boosted 2001–02 season result) and the tax payment of 2002–03 was rescheduled. In 2004–05, Roma made a net profit of €10,091,689 and followed by €804,285 in 2005–06. In 2006–07 season the accounting method changed to IFRS, which meant that the 2005–06 result was reclassified as net loss of €4,051,905 and 2006–07 season was net income of €10,135,539 (€14.011 million as a group). Moreover, the special fund (€80,189,123) was removed from the asset and co-currently for the equity as scheduled, meant Roma group had a negative equity of €8.795 million on 30 June 2007. Nevertheless, the club had sold the brand to a subsidiary which boost the profit in a separate financial statement, which La Repubblica described as "doping". In 2007–08, Roma made a net income of €18,699,219. (€19 million as a group) However, 2008–09 saw the decrease of gate and TV income, co-currently with finishing sixth in Serie A, which saw Roma make a net loss of €1,894,330. (€1.56 million as a group) The gate and TV income further slipped in 2009–10 with a net loss of €21,917,292 (already boosted by the sale of Alberto Aquilani; €22 million as a group) despite sporting success (finishing in second place in 2009–10). Moreover, despite a positive equity as a separate company (€105,142,589), the AS Roma Group had a negative equity on the consolidated balance sheet,