Alarms Merota: Serie Clubs Can Fail

Avid-19's crisis has led to financial contractions in all Serie-A clubs, with Inter owners, Sunning reportedly looking for new investors to help cut spending.

Merota, speaking of “Cerriere della”, said the Italian football system is reaching its lowest point, hinting that the league should propose a collective reduction of players' salaries.

“Works are a huge burden for club finances at the moment,” he said.

“With daily revenues from the matches already out of existence and reduced financial support from club sponsors, clubs should use 65% of their annual circulation to pay their players. This would lead to numerous problems in any business industry. ”

We have to study ways to maintain our financial losses, championships and federations will have to work together on this. The problem exists across Europe: the financial recession arises abroad, surprisingly, due to the lack of activity in the January transitional term thus far”, Merota continued

Many clubs in Serie A are concerned that they cannot afford to pay their players salaries according to contracts that were signed in a pre-Cavid-19 world. ”

“CdS” also reports that Lega Serie A, the organ representing all 20 Serie A clubs, is planning to ask the Italian Football Federation (FIGC) to extend the deadline for clubs to pay salaries for November-December 2020, which is currently set on 16 February.

The league is also hoping that the Italian government will provide a kind of financial support package to help clubs, but the current co-operation is said to have been <x0 minus existing”.