Lazio, market with zero balance risk, the club tries to avoid it

Market with zero balance, but with a good chance that it will become free within a few days, before the final verdict from the Commission responsible for verifying the accounts of professional clubs (the so-called new Covisoc). This is the situation of Lazio, which issued an official statement last night to shed light on its situation. In the note the club states “that it has received the communication from the independent Commission responsible for verifying the expanded labor cost index. From the results transmitted it emerges that the company will be able to proceed with the registration operations of the players in compliance with the provisions of art. 90, paragraph 4, letter A of the Noif”. A regulatory case which means that, to date, Lotito’s club could (starting from 1 July) only carry out incoming transactions that are compensated by outgoings of equal value. In other words, it could only invest in purchases what it would collect from sales.

The possible turning point

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However, exceeding the limit of 0.7 of the expanded labor cost (the total expenses must not exceed 70% of what the club earns) is really minimal. And Lazio still have a few days to sort things out. The accounts photographed by the commission are frozen as of March 31st and cannot therefore be modified. But the legislation provides that the differences can be remedied through the use of provisions and collectible credits. Which the Roman club expects to be able to employ. There is therefore moderate optimism that this first stop, a sort of yellow card (a year ago it was red, with the market blocked) can be revoked when the Commission’s final decision is made. If this were the case, Lazio could make a free transfer market, without constraints, as already happened in the last winter session.

Romagnoli says hello

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Meanwhile, while waiting to know whether it will be able to operate incoming with zero balance or freely, Lazio is focusing on outgoing operations. All that is missing for Romagnoli’s transfer to Al Sadd is the official announcement, expected in the next few hours. The Roman club will earn 3.5 million, while the defender will sign a three-year contract worth 6 million a year with the Qataris. Another income (2.7 million euros) will come thanks to the sale of the former Lazio player Muriqi from Mallorca to Fenerbahce (Lotito’s company boasted a percentage of the possible capital gain made by the Spanish club).