Losses and debts rise in Italy

Losses and debts rose among Italy’s leading clubs last season.   Losses by professional clubs rose 23.2 per cent in the 2010-11 season to €428m.  Debts in Serie A increased 14 per cent to €2.6bn.  

The number of spectators at Serie A matches fell by 2.4 per cent with average turnout at a disappointing 56 per cent of stadium capacity.   This was in spite of the fact that the average top division ticket costs €20.90 compared with €50.40 in Spain and €48.30 in the UK.

Losses and debts rose among Italy’s leading clubs last season.   Losses by professional clubs rose 23.2 per cent in the 2010-11 season to €428m.  Debts in Serie A increased 14 per cent to €2.6bn.  

The number of spectators at Serie A matches fell by 2.4 per cent with average turnout at a disappointing 56 per cent of stadium capacity.   This was in spite of the fact that the average top division ticket costs €20.90 compared with €50.40 in Spain and €48.30 in the UK.

Report Calcio 2012 by the Arel think tank, the Italian football federation and accounting group PwC stressed the need for government legislation on financing and regulations governing new stadiums. Juventus is the only top flight club to own its stadium, while AS Roma, acquired by US businessman Thomas DiBenedetto last year, is planning to build one.