Sport Financial problems in Serie A keep getting worse

12:40  28 november  2020
12:40  28 november  2020 Source:   sport1.de

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How to overcome financial problems & difficulties, end your stress, & get your finances back on Financial problems and challenges happen to everyone at some point, and the stress and worry Keep thinking about them and give them some consideration. Come back to these ideas from time to

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More and more Italian clubs are falling behind with paying players' salaries because of financial problems. Now other teams are affected after Inter and Napoli.

Finanzprobleme in der Serie A immer schlimmer © Provided by sport1.de Financial problems in Serie A getting worse and worse

More and more Italian first division teams are in arrears with the payment of players' salaries due to financial problems. There are now six Serie A clubs that have not paid their professionals any salaries since August, reported Gazzetta dello Sport .

In addition to the clubs Inter Milan and SSC Napoli , for which the payment arrears were already known, the FC Genoa, Sampdoria Genoa, Lazio Rome and Benevento Calcio are also affected.

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The nation's financial crisis forced many consumers to shift their efforts towards paying down existing debt. Low interest rates helped Americans refinance mortgages and also pay down credit card debt. While those debt levels slowly improved student loan troubles have only continued to get worse .

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The clubs have until next Tuesday to pay their salaries, otherwise they face fines from the football association. The clubs are suffering from liquidity problems due to a lack of income from ticket sales and sponsorship agreements. Test

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Inter Milan records big loss

Inter, owned by the Chinese company Suning, has agreed with the professionals not to pay out the salaries of July and August until next February. According to the daily La Repubblica , the club closed the 2019/20 financial year with a loss of 100 million euros.

"Salaries devour 60 percent of sales. That could lead many clubs to bankruptcy," said Inter Milan's managing director Giuseppe Marotta. ( table of series A )

One must now take measures to counteract this. Most recently, association boss Gabriele Gravina had warned of the financial collapse of several clubs if the government did not support the clubs.

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