i remember before this season that we may have been gone down to a lower league because of financial issues.. can somebody tell me why Lazio has been almost bankrupt after selling players like: Italy Demetrio Albertini Italy Dino Baggio Brazil César Italy Giorgio Chinaglia Argentina Hernán Crespo Italy Bernardo Corradi Portugal Fernando Couto Spain Ivan De La Peňa Italy Marco Di Vaio Italy Giuseppe Favalli Italy Stefano Fiore Italy Giuliano Giannichedda Italy Roberto Mancini Serbia and Montenegro Siniša Mihajlović Czech Republic Pavel Nedvěd Italy Alessandro Nesta Italy Fernando Orsi Italy Giuseppe Pancaro Chile Marcelo Salas Argentina Nestor Sensini Argentina Diego Simeone Argentina Juan Pablo Sorin Uruguay Ruben Sosa Netherlands Jaap Stam Serbia and Montenegro Dejan Stankovic Argentina Juan Sebastián Verón Italy Christian Vieri
Your missing Mendieta and Lopez off that list However the biggest problem back then was we were basically paying ridiculous amounts of money to bring these players in, hold onto them for no more then 2seasons and then get half of what we paid back. The wages alone were crippling. However those times are over and we slowly but surely making the improvements to be a top 4 team in a few years time. Seeing as we managed europe this season too i've heard rumours we are going to be pretty active this summer in order to be competitive for next seasons uefa cup and Serie A.
We still have a few years until we can even think about competing for the SerieA. We just don't have the depth or the talent. Unless, of course, Milan and Juve get relegated due to the scandal.
Without a major cash injection i'm afraid it will take a lot longer than a few years. Our loan payment plan goes on literally for decades. I'm grateful to Lotito for stepping up to the plate to basically save the club, but we need a lot more financial muscle than he has or is willing to offer. Finishing 6th this year was a fantastic achievment but its just not sustainable without cash.
Pangloss.. can u kinda go into detail about 6th place is not sustainable without cash.. i would like to learn about lazio's past .. thanks
Well, it depends on what happens. I think our tax savings plan puts off the payments to relatively small amounts per year (it stretches for two decades!) so its not out of the realm of possibility. However, we simply don't have the money to compete with the big 3 after Cirio's collapse. I agree, 6th will be hard to sustain, unless we can hang on to some of our younger players when (hopefully!) they develop. Pandev, etc. are the future.
The easiest explanation is googling "Cirio" "Cragnotti" and see what you get. The Cragnotti family used to own Lazio and made their money in canned food and then banking. Then, Cirio went bankrupt and the huge amounts of money Cragnotti spent on busts (Mendieta), players who weren't good enough (Piojo) or just insanely overpriced players (Crespo) came home to roost sticking us with a massive wage bill and massive debts without Cirio's financial backing. To be sure, this was no Parmalat - Cirio went bankrupt in the good old fashioned "we've run out of money" way rather than the "we were lying about those 10 billion in assets we said we had" way, which is likely why Lazio was saved whereas Fiorentina suffered several years in purgatory.
Buddy...Milan isn't in the scandal, Lazio is... Along with Juve, Fiorentina, and Inter...hehe I am a Roma fan...but...Lazio has done well this season. Except for the scandal ofcourse
Our involvement thus far has been ephemeral, and I hope it stays that way. Until then, its a moot point.
I honestly think the youngster's coming through the club can help us acheive big things in 4/5years time. If players like Pandev,Delgardo and numerous of the other younger player's continue to develop at the speed they currently are. Then they will be excellent players in the coming seasons.
maybe not so, most of Lazio players are on reduced wages already...and Sky has pledged to honors its $$ tv contracts. Certainly some players will be sold off, but Lazio should survive. Now whether or not they afford to bring anyone in to get out of B is another question...