Betting on Italian Football: Is It Still Worth a Business?
By Quirino Mancini, Partner, SCM LAWYERS
At a time when Italian football is offering the world its worst face both on and off the pitch as shown also by the recent street riots between Rome FC and Naples FC during the Italian Cup final that took place in Rome in early May, one asks himself if investing on Serie A clubs is still a wise and worth business. The instinctive answer will probably be negative for many bearing in mind that Italy has now plummeted in the official UEFA ranking, unlike all other first-tier European leagues where the trend of average crowds is upwards, the number of Italian supporters going to the stadium is constantly shrinking, hooliganism and racism are thriving in most football arenas of the Peninsula, and the vast majority of the facilities (starting from the Rome Olympic decrepit stadium) is old, run down and quite unfit for the clubs to be able to offer proper corporate hospitality packages to their sponsors. … Continue Reading