FIGC, football economic reform approved. What changes for Serie A

FIGC, football economic reform approved. What changes for Serie A
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The economic and financial reform plan of the Italian footballthe famous “economic diet” to combat football debts between now and 2030 desired by president of the FIGC Gravinapassed with a positive vote in the federal council of all components except the Serie B Leaguewho abstained after the protest letter from Balata towards the same Gravina. After weeks of confrontations and fractures with the clubs of the top league, the A league finally decided not to vote against despite some conflicting positions of the presidents: for the 20 main clubs the UEFA rules (solvency regarding overdue debt positionsstability with requirements of balanced budget and improvement of capitalization and cost control), even for those who do not participate in the cups, while the eligibility criteria (liquidity index, debt indicator and expanded labor costs) will only be valid for companies in the B series and of Serie C.

FIGC, the ‘node’ liquidity index

L’liquidity indexi.e. the ratio between current assets and current liabilities which illustrates the ability of a club to respect its commitments in the short term, will remain for the A league a parameter capable of blocking the market in case of lack of respect. It had already been decided for some time now, to avoid going to the head-on collisionto instead put aside the issues relating to the greater political weight of Serie A League and the 20 or 18 team championship format.

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