Why Italian football has no money

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Clubs in Serie A are struggling to spend money. In January 2023 transfer window when the Premier League spent a combined total of 800m Euros, Serie A spent just 33m.

But why? What is holding Italian clubs back from competing with their European counterparts? What are the main revenue streams, and why aren’t they fruitful?

James Horncastle writes, Henry Cooke illustrates.

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20 Comments

  1. rohanmark jay

    Back in the 1980s and 1990s. Italian Serie A was the best league in the world bar none reaching a peak around the first years after Italia 90 world cup and back then they did have a quite a bit of money. They had large stadiums and big crowds a bit like the premier league is today. But the Serie A was a much better league back then was a much better league, because that era had better footballers than today and they all went to Italy and mixed Italian players themselves who were really good and skillful what you got was amazing football year in year out for most of the 1990s. Then at the turn of the millenium right up today there has been a decline in Football in Italy. Attendances became lower and lower, interest in their league also declined. Serie A had less and less money as the years rolled on and they had less and less money to buy the best players and coaches as they all headed to the wealthy English Premier League. I remember the Italian Serie A in the 1990s and I maintain its still the best football I ever say in a league better than anything in the Premier League. Serie A won't ever reach the heights of back then because there were great players in the 1980s and 1990s. Also the money is not there anymore to make the Italian Serie A competitive. It has to be noted the Spanish and French leagues too have declined as a result of the dominance of the Premier League over football in the last 15 years. Shame because French, Spanish and Italian Leagues in the 1990s were excellent football leagues they were better back then than anything that was in England. Yet despite these days ailing football league. Italy still produces teams that can challenge the best. Italy won the world cup in 2006 and stunned England and the world when unfancied Italian team beat a premier league star studded England side at Wembley in 2021 on England's home territory. England lost a final against an Italian side most betting people had as a safebet for a England win at Euro 2020 instead Italy snatched victory from a more fancied England side stars in the Premier League these days the best most followed league in the world. What it shows is despite the Serie A being a shadow of what it was, it proves that the strength of footballing talent that still exists in Italy. Homegrown talent in Italy something all the riches of the English premier league could not deliver a maiden euro triumph for England in 2021 at wembley. Still the worlds best league will produce strong English club sides and national squads. So I expect England to be there at the pointy end of major tournaments like the Euros and World Cups in the near future and maybe finally deliver a major trophy for England footbal which their success hungry fans have desperately waited for 50 plus years and counting. You feel a major trophy is just around the corner for English football at Euro or WC given that for a decade and a half England has the wealthiest, most followed and best league in the world. That is bound to produce a team that could win a major football trophy within the next 10 years either a Euro or WC. Although they will not have home ground advantage.

  2. Samyadeep Purkayastha

    Ronaldo revived Serie A and it died once again since he left

  3. Frank Boyer

    TL;DW: Juventus really screwed the league

  4. Value Traveler

    Football has always been corrupt these are very simple people

  5. Joel Estadella

    This did not say anything on why Serie A has no money, only explained it's effects and how nobody has solved it yet

  6. Brad

    I have happy memories of Football Italia on a Sunday afternoon in the 90s. Maybe it's all rose-tinted, but I miss those days, and that goes for all football.

  7. Avas Pal

    After Laliga it is the other most skilled leagues out there.

  8. Corvus Glaive

    Guys were complaining about the Super League but the truth is that there is already a super league in the process of being formed. The premier league clubs were quick to pull out of the super league because they knew that they don't need it. They knew that they are going to have the super league one way or another, with all the money flooding into the EPL. Meanwhile, the clubs from the other leagues knew that in the absence of the Super League, their financial muscle will be significantly overshadowed by EPL clubs.

  9. Juan Carlos

    90's glory serie A

  10. Giacomo Mercandelli

    When clubs will stop being bought by Arabs who make the prices skyrocket, football will return to be much better.
    As for Italy… as a person who travelled for work all over the country, I would say that the problem, as you mentioned, is also in the mentality, which in Italy can be resumed with 2 sentences: "we always did this way" and "we'll see"

  11. Hussein J Makshofi

    Secularism doesn’t normally equate to high or shared investment.

  12. Anthony Uccello

    Serie A owners are greedy and sell all fheir good players to the arabs in england

  13. C.

    I'm Italian and I'm the first to say our league is garbage. I prefer watching La Liga or EPL.

  14. Tim Jim

    Italy had an italian team in each European final champions league, europa and conference.

  15. Zen Monk

    The Premier League poaching all the best players is going to be a far bigger problem than it already is.

  16. Gustavo

    Yet Milan, Inter and Napoli went far in the champions league with Inter reaching the final. Sometimes less money lead to more creativity from mgmt. and smarter choices.

  17. _dollo

    Um… corruption. They keep us all under simple salary while they live large. Bs.

  18. Daniel E.

    People care too much about soccer…

  19. Zil Zainol

    My suggestion is please get some players from South East Asia as Malaysia, Thailand, or Indonesia. The league will garner additional 50 million new fans.
    Please use English, that is the reason why EPL is easier to be followed by outside fans.

  20. BacchusAdoneus

    In retrospect, this video is especially interesting given that all three European competition finals this season featured Italian teams. And despite all three losing their respective finals, it should surely go some way to helping Italian football

Comments are closed