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HomeSport M&AHow foreigners are taking over Italian Football Clubs in Serie A, B,...

How foreigners are taking over Italian Football Clubs in Serie A, B, C

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Twenty-three Italian football clubs appear to be managed with capital from foreign investors. The main “foreign properties” of the Serie A, B, C football company are: USA (12), Australia (2), France (2), Canada (1), China (1), United Arab Emirates (1 ), Germany (1), Indonesia (1), England (1), Malaysia (1). (Source Corriere dello Sport)

The new “blood of foreign investors” of the Italian football company is divided as follows: Serie A championship Atalanta (Pagliuca / USA), Bologna (Saputo / Canda), Fiorentina (Commisso / USA), Inter (Suning Holding / China), Milan (Capital / Usa), Rome (Friedkin / Usa), Spezia (Platek / Usa), Serie B and C championship: Como ( Harton / Indonesia), Genoa ( Partners / Usa), Palermo ( Mansour / Emirates Erabi ), Parma ( Krause Group / USA), Pisa ( Knaser England / USA), Spal (Tacopina / USA), Ancona ( Tiong / Malaysia), Campobasso ( Halley Holding / England), Cesena ( Investiment / USA), Padua (J4A Holding / France), Siena ( Zaengel / France), Triestina ( Blasin / Australia) Pistoiese ( Lehmann / Germany), Rome City ( Doino / USA), Catania ( Pelligra / Australia).

As of 30 June 22, (2021/22 football season), the Serie A clubs determined the following balance sheet values: aggregate losses (1,051 billion euros), revenues net of capital gains (2.5 billion), management (3.9 billion), payables (3.3 billion), payables to banks (1.5 billion), payables to the tax authorities (739 million euros).

Only two companies with “financial balances in profit” Atalanta (+35.1 million euros) and Fiorentina (+46.8), “negative balance sheets” for Bologna (-46.7 million), Cagliari (-16.2) , Empoli (3.5), Genoa (-42.3), Inter (-140.1), Juventus

(-239.3), Lazio (-17.4), Milan (-66.5), Naples (-52), Rome (-219.3), Salernitana (-16.8), Sampdoria (-24, 4), Sassuolo (-13.9), Spezia (-17.7), Turin (-37.8), Udinese (-69.1), Venice (-23.8), Verona (-5.1) . (Source Gazzetta dello Sport)

It should be noted that the value of the “cost of salaries for players, coaches, technicians” determines an incidence of 75-77% of the “production value of football clubs!!

In relation to the above data, the 12th edition of Report Calcio 2022 confirms that the Italian football company detects clear critical issues regarding the “economic-financial sustainability”, with the related “structural imbalance”, which even before the pandemic was particularly highlighted.

From the document developed by the FIGC Study Center in collaboration with AREL (Research and Legislation Agency) and PwC Italia (PricewaterhouseCoopers), it can be seen that in the 12 years analyzed before the impact of Covid-19 (from 07-08 to 18-19) , Italian professional football produced an aggregate ‘loss’ of around €4.1bn (almost €1m per day). (Football&Finance source)

This figure shows that 79% of the financial statements of football clubs, at the end of their football season, closed with a “loss for the year” value.

Editorial Team
Editorial Team
Editorial Team
MergersCorp™ M&A International is a leading Lower-Middle Market M&A advisory brand, offering professional M&A services to clients across the world.

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