(ANSA) – ROME, JUL 13 – “The data in our report are merciless and become a sort of warning for everything that happened during the period of the pandemic”. This was stated by Gabriele Gravina, president of the Football Association, to present the 12th edition of the ReportCalcio on Skysport, the document developed by the FIGC Study Center in collaboration with Arel (Research and Legislation Agency) and PwC Italia (PricewaterhouseCoopers). “We have gone through a moment of great criticality in terms of debt: in the last 12 years we have accumulated 4.1 billion euros of aggregate reductions, that is to say one million euros a day and this speaks volumes – he continued -. We practically doubled our debt and today 79% of our companies closed at a loss.
Despite this growing loss, the cost of labor has increased disproportionately compared to the increase in revenues and today impacts the value of production for 66% of turnover, which unfortunately becomes 92% net of capital gains “. (ANSA).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.