Regulating Finance in Italian Football

The Italian model of sports governance is increasingly called upon to address complex regulatory challenges related to investment activities and structured finance within the football industry.

In recent years, the financial situation of professional football clubs has been critical, with a few cases of relegation and even bankruptcy resulting from the inability to meet economic obligations. The increasing financial strain has been driven by a combination of rising operational costs, such as player wages and infrastructure management, and a decrease of traditional sports revenue streams (including matchday, commercial, broadcasting and player trading revenues), which, if not properly managed and strategically planned, are no longer sufficient to ensure the financial sustainability and long-term viability of professional...

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