NEWS
Thursday March 29 2012
Serie A debts revealed

The latest statistics show Italian football’s overall debts have increased to €2.6bn, as only 19 out of 107 clubs surveyed were running at a profit.

The report was presented in Rome by the FIGC, Arel and PricewaterhouseCoopers on the economic situation in calcio.

The net loss for professional football in Italy in 2010-11 was €428m, an increase of €80m from the previous year, a rise of 23 per cent.

The total income of Italian football was €2.5bn, -1.2 per cent from the previous year, 82 per cent of which comes from Serie A clubs.

The cost of running the sport is €2.9bn, a rise of 1.5 per cent. However, it should be noted that in 2008-09 the rise was 6.4 per cent and in 2009-10 it was 6.8 per cent, so in real terms the rise in the cost of football is slowing down considerably.

When it comes purely to Serie A, the debts are €2.6bn, 14 per cent up from last year. 

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