Tuesday, July 28, 2009

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Materazzi, Inter win the Scudetto EVEN FOR PRESIDENT OF DEBTS

Dal Sole 24 Ore, July 27, 2009

The Inter-Milan derby might not play in series C. The Inter club does not meet the capital requirements for entry into what is now called moderate "Pro League." While Milan fans will fall for the skin of our teeth. But neither the first nor the second division could be involved, as well as other clubs in Serie A and many of B. Unless the property is not your wallet. Practice but is no longer so obvious even from parts of Milan as hnno revealed the recent sale of valuable pieces of silverware in the Family (from Kaka to Ibrahimovic).
Among the paradoxes (but only to a certain extent) Italian football there is also this: in practice, the criteria for entry to the most prestigious tournaments (A and B) are less stringent than those required for the minor categories. This explains the fact that company B just relegated from the League Pro (see Avellino, Treviso and Pisa) are discovered - not least because of its far-sighted managers - not able to meet the economic requirements of troneo of lower rank and who are excluded.
from the provisions for admission to the 2009/2010 season issued last years by the FIGC emerge a double filter: All companies must demonstrate that social capital has been eroded by losses of more than one third and has not dropped then under the legal minimum, and to be in compliance with the payments of salary and wages, personal income tax deductions, contributions and taxes Enpals (IRES, IRAP and VAT) in the years 2003, 2004, 2005, 2006, 2007, only companies belonging to the League Pro instead are required to deposit a bank guarantee of € 100 thousand and above , to prove the fulfillment of the parameter "Pa", ie to rely on a ratio of equity and assets of more than 0.08. The application of this parameter by Covisoc (Supervisory Commission on society of calcium) has indeed led to the expulsion of a few weeks f, the Pro League of eight teams: Avellino, Pisa, Treviso, Venice, Biella, Ivrea, Pistoia and Sambenedettese. Next Thursday will be decreed the repechage to restore the grid of 90 teams.
But the president of the Pro League, Mario Macalli, denounced the inconsistency of requirements accounting, called for greater uniformity. "We need the same rules for everyone. If we applied our penalty in Serie B this would have put out a lot of teams," he thundered at the end of the last Federal Council. Getting, for now, only general assurances from Chair of FA Giancarlo Abete ("like all companies, do not look only to the debts but also to loans, "he said.) Companies A and B have some other ftturati and other turnovers - but also many other debts and outputs (on the latest filings of the 20 first division clubs shows a total debt of almost € 2 billion) - compared to the former Series C, must simply submit a budget prior to the supervisory body that asserts that the sustainability of management. But if the accounts of the club who fight in the series were examined Meggiorato with the same lens reserved for those in the Pro League, many people would find themselves off-side.
According to the latest financial statements approved by the Company's top division, for example, are not in line with the "Pa" over the whole sample of Italy, the freshman Bari, Genoa and Siena. Milan is just above the waterline, as well as Sampdoria and Chievo. The cake of collective television rights from 2010 should ensure that revenue for at least 900 million euroall'anno should appease the fans, however, provided that managers are able to resist the pressures of the streets demanding more and persevere in the line of 'self-sufficiency. "
Much worse things are in B, where 8 out of 22 companies are those with a parameter "Pa" deficient and five as "prejudice" by a whisker. And if you really now must lead the creation of a Super League A, the risk of a drift (financial and others) for the lower division is is always higher.

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