Serie A debt has skyrocketed in the last five years with 12 of the league’s 20 clubs now operating in the red.
The level of debt in Serie A in 2009/10 was €1.3 billion and has risen 27% to a whopping €1.7 billion last season.
La Gazzetta dello Sport investigation found that six side’s are in more debt than crisis club Parma. Those being Lazio, Juventus, Roma, Inter, Genoa and AC Milan, with Napoli being the most profitable with a €20.1 million surplus.
A dependence on TV revenue was also uncovered with 58% of turnover in Serie A coming from television deals, with 20% coming from commercial deals, and just 11% from match day income, with the remainder made up of other ventures.
