FIFA & UEFA Oppose Italian Plan for Soccer Club Budget Oversight

FIFA and UEFA have opposed the Italian government's plan to establish a committee to oversee the budgets of professional soccer clubs. FIGC President Gabriele Gravina revealed that both organizations stated the proposal violates sports autonomy. The move follows financial issues faced by Italian clubs like Juventus.


Reuters | Milan | Updated: 18-06-2024 23:04 IST | Created: 18-06-2024 23:04 IST
FIFA & UEFA Oppose Italian Plan for Soccer Club Budget Oversight
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Soccer governing bodies FIFA and UEFA have expressed opposition to an Italian government plan to set up a committee to oversee the budgets of professional clubs, the head of Italy's football association (FIGC) said on Tuesday. Speaking at a parliamentary hearing, Gabriele Gravina told lawmakers the FIGC had received an email on Monday from world body FIFA and Europe's UEFA.

He said the mail urged the FIGC "to pressure the government to backtrack on this measure that violates the autonomy of sports." FIFA and UEFA did not immediately respond to a Reuters request for comment.

The government decree - still subject to change by parliament - has echoes of plans to appoint an independent regulator for English soccer. Rome moved to set up the authority to oversee the budgets of professional sports clubs following a string of financial and regulatory problems suffered by major Italian soccer teams in recent years.

The decision was criticised by some of the country's foremost sports officials. Juventus, controlled by the Agnelli family, suffered a 10-point deduction in Serie A in the 2022/2023 season and a ban from European competition in 2023-24 after accounting issues.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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