Inter director Ernesto Paolillo has reiterated his club’s support for UEFA’s Financial Fair Play initiative. “It will lead to a positive revolution.”
The San Siro side have been vocal in recent months of both their support and intentions to follow Michel Platini’s newly-introduced financial measures that, starting from this season, are intended to curb clubs’ spending down to sustainable levels no higher than any revenues generated.
Inter director Ernesto Paolillo has reiterated his club’s support for UEFA’s Financial Fair Play initiative. “It will lead to a positive revolution.”
The San Siro side have been vocal in recent months of both their support and intentions to follow Michel Platini’s newly-introduced financial measures that, starting from this season, are intended to curb clubs’ spending down to sustainable levels no higher than any revenues generated.
A recent study in Italy revealed the excessive level of debt that still exists in the game, something that Paolillo believes will be alleviated over time under FFP.
“Only 19 Italian clubs out of a total of 107 have produced a profit in the 2010-11 season and the debts of many clubs are still growing.
“FFP is crucial for the future of football and I believe that it will lead to a positive revolution.”
The Nerazzurri have saved as much as €44m in cuts made to their wage bill over the past few seasons, and although they have spent almost €70m on players in the last four transfer windows, this has been offset against €90m raised through player sales.
“We are moving towards greater discipline and attention in out auditing through the reduction of transfer costs and minimising our losses. We need to encourage clubs to support themselves only on their own revenues and to promote investment in youth.”
Paolillo was prompted to ask if Mario Balotelli counted in this final statement.
“Yes of course, everything is still possible provided that there is money is raised elsewhere at least to his equivalent value. This applies to Balotelli and to others. The budget is important for a football club, it is the motivation behind ‘certain operations’.”