FIGC clamps down on balance sheets and Super League plans ...Middle East

Federation President Gabriele Gravina announces new reforms to ‘continue the virtuous path’ of ensuring Italian clubs have balanced books and warns any club that signs up to the European Super League will be excluded. As costs soar in the world of football, Italy has for some time now been focused on restraining excessive spending and trying to avoid a repeat of the ‘bust’ that followed the 1990s financial boom. “We will continue the virtuous path of containing costs and achieving a financial balance in professional Italian football,” said FIGC President Gravina. Today the meeting of the FIGC counsel saw the new licensing system approved unanimously, meaning all clubs must prove th

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FIGC clamps down on balance sheets and Super League plans ...Middle East

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