The Italian Government has not given the go-ahead to tax breaks for Serie A clubs, so Inter, Lazio, Roma, Juventus and Napoli face the biggest immediate bills.
The proposal had caused controversy, infuriating clubs such as Napoli and Fiorentina who felt this would be a let-off for those who did not balance the books properly.
It would’ve been an extension of the COVID-era allowance for clubs to spread out their tax and contribution payments over instalments rather than in one lump sum.
That plan was rejected by the Government and will not be in the package of financial reforms voted on today, despite the best efforts of Senator and Lazio President Claudio Lotito.
Instead, the deadline of December 22 still stands and in total Italian football clubs now owe almost €500m in taxes by next week.
According to Calcio e Finanza, Inter have the biggest outstanding bill of €50m that has to be paid by December 22, followed by Lazio on €40m and Roma €38m.
Juventus are next with €30m outstanding, Napoli €25m, Fiorentina €15m and Milan €10m.
Speaking at a press conference, Lega Serie A President Lorenzo Casini insists this was only “the first stage” of the process and they continue to work with the Government on new proposals.
“We are disappointed yes, but it’s not over.”
Typical Italian bureaucracy can’t build stadiums so much red tape but at the end of the day still gotta pay up….For what?
Not up on Italy tax laws but can’t understand how these teams claim to be losing so much money yet owe big amount of taxes. On what?
Perhaps the article could have been clearer.
does this comment thing even work