Roma Shares Rose More Than 21 Percent After Appointing Mourinho As Coach

Jose Mourinho (Instagram @josemourinho)

JAKARTA - AS Roma shares soared more than 21 percent on the Milan Stock Exchange after announcing the appointment of Jose Mourinho as coach from the 2021/22 season, Marca reported on Wednesday.

The shares of the Serie A team, owned by American businessman Dan Friedkin, started to rise after 3:00 p.m. (local time) and are now at 0.3195.

Mourinho has signed a three-year contract that will see him coach the capital's wolf club until the summer of 2024.

Roma on Tuesday announced that Paulo Fonseca would no longer be Roma coach after the end of this season.

"The club is pleased to announce that an agreement has been reached with Jose Mourinho to become our new head coach ahead of the 2021-22 season", said a Roma statement on its official website.

Mourinho will replace compatriot Paulo Fonseca and has told supporters he can't wait to get started, although he said he did not want to rush back in training after being sacked by Tottenham Hotspur last month.

"The extraordinary enthusiasm of the Roma supporters convinced me to accept the job and I can't wait to start next season", Mourinho said on his personal Instagram account @josemourinho.

"At the same time, I wish Paulo Fonseca all the best and ask the media to understand that I will only make statements in time. Daje Roma!"

This will be Mourinho's second time coaching an Italian club after becoming coach of Inter Milan between 2008 and 2010, which was his most successful period as a coach.

With Inter, Mourinho was able to present the Italian League, Coppa Italia, and Champions League trophy in 2010.