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Italy Serie A


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.

Challenges for Inter Milan

After a disappointing campaign, Inter Milan are facing a number of challenges as they seek to re-build, many of them financial in character.   Perhaps the most basic one is that they have too many players in the squad who are over 30, past their peak and difficult to ship out.    Many of them are on multi-million euro contracts.

Billionaire oligarch opens up new football cash front

Up to now billionaire Russian oligarchs have invested in top clubs like Chelsea.  But now Suleiman Kerimov is pumping money into a relatively unknown club that finished 14th in Russia's 16-team premier league last season.

Tax hike angers Italian footballers

Italian footballers are up in arms about a new 'solidarity tax' imposed on those earning more than €150,000 a year as part of the Government's austerity package.   The start of Serie A on August 27th is already threatened by a contract dispute.

Top 30 Italian Football Clubs by Average Attendances 2010-11

FC Internazionale were the best supported football club in Italy for season 2010-11, followed by cross-town rivals AC Milan and in third position SSC Napoli.

Foreign owners make continental moves

Until recently potential buyers of football club looked at the Premier League in England or possibly at the Championship if they thought a promising bargain was available.   Even Charlton went through a due diligence process with buyers from the Gulf.

AS Roma becomes Italy's first American owned club

AS Roma is poised to become the first American owned club in Italy.   In England, four clubs are already American owned, even before the completion of the Arsenal takeover.

Juventus losses highlight importance of Champions League

This article is contributed by Gareth McKnight:

Spanish one-two in money league

It's a Spanish one-two in the Deloitte Sports Business Football Money League for 2011.  Real Madrid head the Money League for the sixth siccessive year.    FC Bareclona came second.   Whilst Real held a €40m revenue advantage over Barca in 2009/10, Barca's revenues should exceed €400m in the next edition of the Money League, particularly given the club's new shirt sponsorship deal with Qatar.

Liverpoool owner in for AS Roma

Thomas di Benedetto, part owner of the Boston Red Sox and a partner in the holding company that owns Liverpool FC, is one of a group of American owners hoping to conclude deal to buy AS Roma in the next fortnight.   To the best of my knowledge, this is the first American takeover of a leading Italian club.   The proceeds of the acquisition will be used to pay off €277m of debt owed to UniCredit, Italy's largest bank.