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Serie A In Debt

An analysis by the Italian daily newspaper 'Il Sole 24 Ore' has discovered that the total debt of the Serie A teams amounts to 380 million Euros.

A worrying result has come out of the analysis carried out by 'Il Sole 24 Ore', where it was found out that Italian football is in red, with a loss of 380 million Euros in the past season.

The team with the worst balance is Inter, with a loss of 181.5 million Euros, almost half of the entire Serie A losses, and in 'second place' we find Juventus with a loss of 36.5 million Euros.

The other big Italian team, Milan, has a profit of 2.48 million Euros, thanks to the sale of 42 million Euros of Andriy Shevchenko which allowed the European Champions to end in the green side of the balance.

The club with the best balance is Udinese, where the Friulani ended with a profit of 6.5 million Euros.

This proves yet again that the finances in Italian football are disastrous, a trend which has been constant for the past ten years.

The only positive note is that in the previous year, the total loss was of 407 million Euros, therefore there was a slight improvement in the balances, even though it is not enough to auspicate a bright future yet.

(goal.com)