Serie A club debt rose to 1.7 billion euros, report says

Parma coach Roberto Donadoni and captain Alessandro Lucarelli faced the media on Saturday to explain why the team has decided not to play its next Serie A match in Genoa.

The overall debt of clubs in Serie A last season rose to over 1.7 billion euros with the situation at Parma symptomatic of a league in general financial difficulty.
Parma are on the verge of bankruptcy with wages not paid since July last year, however an investigation by La Gazzetta dello Sport said that they are not the only Italian club struggling to make ends meet. Inter Milan and Roma, two giants of the Italian game, have some of the biggest debts, which is why they are also subject to UEFA Financial…
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