10 years of FIF
10 years of FIF
Nostradamus
Most Passionate Member
10 years of FIF
Forum Supporter10 years of FIF
10 years of FIF
10 years of FIFForum Supporter"CEO Beppe Marotta will try to spread the salaries over more years to allow the players to still obtain high wages but helping the budget to breathe during the coronavirus crisis."
ROFL, more of the same shit
Renewing with players like Alessandro Bastoni, Lautaro Martinez, Stefan de Vrij, Roberto Gagliardini, Nicolò Barella, Danilo D’Ambrosio and Aleksandar Kolarov are mentioned as decisive and diplomatic steps for the Nerazzurri.
"The Chinese government has stopped the possibility of linking company names to football clubs, affecting the economic strategies at Inter.
A difficult year with the coronavirus pandemic and football behind closed doors, the new limitations from the Chinese government towards the world of football means Suning are facing a new crisis."
We are poor
10 years of FIF
10 years of FIFNostradamusMost Passionate Member
Serie A in trouble as The Revenue Agency blocks Growth Decree
By Football Italia staff
Serie A clubs will be heavily affected by the directives from the Revenue Agency, who are shattering the plans of Italian teams counting on taking advantage of the Growth Decree.
The Italian clubs were given a fiscal boost on the transfer market when the Growth Decree made calcio a tax haven for foreign talent and had concrete effects on the club’s budgets and balance sheets.
The Revenue Agency blocked the tax discount of 50 per cent on the gross salaries of players and coaches from abroad and the block will be valid until the enactment of the implementing decree by the Government.
The Government are yet to announce their position on the matter, but the Revenue Agency are set to block the effects of the growth decree and the tax discount of 50 per cent. It will also apply for those who haven’t lived in Italy for the last three years and move their fiscal residency to the country for at least two years.
Without diving too far into the bureaucracy of the blocked Growth Decree, Il Corriere dello Sport explains the impact this turnaround could have on Serie A clubs.
Juventus had benefited from the relief with the salaries of Cristiano Ronaldo, Matthijs de Ligt, Adrien Rabiot, Danilo and Aaron Ramsey.
The tax relief block will cost Milan for their deals with Rafael Leao, Zlatan Ibrahimovic, Leo Duarte, Ante Rebic, Simon Kjaer and Alexis Saelemaekers.
Inter are heavily affected too, as the Growth Decree helped them save on heavy salaries for players like Romelu Lukaku, Christian Eriksen and Achraf Hakimi.
Whilst Roma will suffer an impact for the signings of Henrikh Mkhitaryan, Pedro Rodriugez, Chris Smalling, Borja Mayoral and Pau Lopez.
10 years of FIF
if it wasn`t for the state and public service corruption, I would be living in this incredibly beautiful country.
10 years of FIF
Fucking Italy and their bureaucracy
I hope this will be cleared out soon, makes the whole country look like a joke! You build your market strategy based on this, bring players from the EPL and then :chan:
Inter and Juve could owe over 20m each
Inter would be the worst affected Serie A club by the possible annulment of the Growth Decree, forced to pay an extra €23.2m, with Juventus owing €21.37m and Milan €7.05m.
The Revenue Agency (the Italian version of the IRS or Inland Revenue) ruled this week that the tax loophole for businesses bringing in foreign talent at a 50 per cent discount on gross salaries was not applicable.
Considering this started in 2019 and is due to expire in February, there’s a race against time for the Government to patch up the gap with a new decree or see Serie A clubs face a massive tax bill in two months’ time.
Calciomercato.com calculated the various salaries agreed for talent coming in from abroad since 2019 and found that Inter would be the worst hit with a bill worth €23.32m.
A good €5.76m of that would be just for coach Antonio Conte, who was brought in from Chelsea for his €12m per year wages.
Romelu Lukaku, Christian Eriksen, Alexis Sanchez, Arturo Vidal, Achraf Hakimi and Arturo Vidal are the players whose salaries were given a 50 per cent tax cut.
Juventus aren’t far behind, as the decree would save them €21.37m from the wages of Matthijs de Ligt, Adrien Rabiot, Aaron Ramsey, Alvaro Morata, Arthur Melo, Danilo and Weston McKennie.
The other clubs are less on the hook, with Napoli at €8.62m, Roma €7.92m and Milan €7.05m.
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10 years of FIF
10 years of FIF
Transfer Guru
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