Italian soccer has adopted rules to prevent clubs from spending too much money on transfers to solve financial problems caused by the coronavirus pandemic, according to Gabriele Gravina, the Italian director of soccer. In an interview with AFP, Gravina said the Football Federation (FIGC) had given the green light to clubs to limit their transfer spending and not spend more than last season’s budget in order to tackle the clubs’ ongoing debt.
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Gravina said the FIGC is doing its part by encouraging clubs to be more careful with their rules than in the past. FIFA estimated last week that Italian professional soccer’s revenues have dropped by 1 billion euros ($1.2 billion) because of the Covid 19 pandemic, while the country’s three biggest clubs, Juventus, AC Milan and Inter Milan, signed on to the ill-fated European Super League project with the promise of financial dominance.
Gravina said the Super League was the wrong answer to a real problem, to make European soccer more competitive, we need to create more stability. However, increasing revenue is not the only solution; we also need to control costs. I hope there will be an in-depth discussion between UEFA, the clubs and the national associations on how to make soccer more sustainable.
This pandemic has exposed the gulf between Premier League Football clubs in England, Qatar-controlled Paris Saint-Germain in France and the rest of Europe. Italy’s top clubs spent more modestly this summer as they tried to get a handle on their struggling finances. According to financial experts Deloitte, Serie A spent a net €50 million, compared with €500 million in England.
AC Milan spent 75 million euros on 11 players, the last of whom, Junior Messias, joined Serie B club Crotone on loan with a 5 million euro option to buy after a long rise in amateur soccer and a life as a refrigerator transporter.
Italian champions Inter Milan spent just €36 million in the summer window after a sale worth almost €200 million, and Juventus even less, although both clubs deferred most of their spending to future fiscal years when it came to signing key players like Manuel Locatelli and Joaquin Correa. For more details about Football World Cup Tickets.
The example of Assouri
Nonetheless, Gravina said the club should focus more on developing players to play for the resurgent Italian national team, which returns to action Thursday after winning Euro 2020 to qualify for the Qatar Football World Cup 2022. Gravina said the crisis triggered by the pandemic is an opportunity to invest, especially in training, and bring in more young players who could be called up to the national team.
Some great players have left us, but soccer is still a team sport, and some coaches can express themselves better when they can’t rely on individual stars. The national team is an example of players who have stepped up to the plate and shown they know how to play together.
Gravina wants Roberto Mancini’s team to build on the European Championship in Qatar after missing the 2018 Football World Cup, which Gravina calls the darkest period in our history. We have to qualify. The victory at Wembley must not make us forget that we missed that goal at the end of 2017, he said. The rebuild project has brought great results, but we must continue this work because we want to be the most popular team in Qatar.
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