BBC SPORTArabicSpanishRussianChinese
BBCiNEWS  SPORT  WEATHER  WORLD SERVICE  A-Z INDEX   SEARCH 

BBC Sport
 You are in: Football: Europe 
Sport Front Page
-------------------
Football
Teams
Statistics
FA Cup
Eng Prem
Internationals
Champions League
Uefa Cup
Eng Div 1
Eng Div 2
Eng Div 3
Eng Conf
Scot Prem
Scottish Cup
Scot Div 1
Scot Div 2
Scot Div 3
Europe
Africa
League of Wales
Cricket
Rugby Union
Rugby League
Tennis
Golf
Motorsport
Boxing
Athletics
Other Sports
-------------------
Special Events
-------------------
Sports Talk
-------------------
BBC Pundits
TV & Radio
Question of Sport
-------------------
Photo Galleries
Funny Old Game
-------------------
Around The UK: 
N Ireland
Scotland
Wales

BBC Sport Academy
News image
BBC News
News image
BBC Weather
News image
SERVICES
-------------
LANGUAGES
EDITIONS

 Tuesday, 23 July, 2002, 21:00 GMT 22:00 UK
Italian giants given warning
Lazio President Sergio Cragnotti (centre) celebrates with Lazio players after the Coppa Italia Final Second Leg match against Inter Milan
Lazio president Cragnotti is unhappy with the ruling
AS Roma and Lazio have six days to meet various financial requirements or be barred from the forthcoming Italian league season.

Serie A finance authority Covisoc have confirmed that the pair, along with Serie B teams Fiorentina, Genoa, Messina, Napoli, Palermo and Verona must get their finances in order by 29 July.

The ruling may be appealed by 25 July.

Officials from Roma and Lazio, which are both listed on the Milan stock exchange, expressed anger and bitterness at the Covisoc statement.

Roma chairman Franco Sensi says his club had been put on the blacklist because it failed to hand over the required cash guarantees to secure its Serie A place.

"Roma has so far refused to pay up because I want to know why we are being asked to pay three times more than Inter or (AC) Milan," he was quoted as saying.

"In the end we'll pay but first of all I want some explanations."

Lazio chairman Sergio Cragnotti said there had been a breakdown in communications between Italy's various soccer authorities.

He claims to have already explained fully his club's situation - a message he said Covisoc had not received.

"What has happened today is very serious, above all because Roma and Lazio are listed on the bourse and this way of doing things seriously risks undermining their shares," he said.

Last week a survey of Italian soccer's finances showed that Serie A clubs made a combined operating loss of 702m euros (�447m) in the 2000-01 season.

Some of Serie A's best-paid players, such as Inter Milan trio Ronaldo, Christian Vieri and Alvaro Recoba, have offered to take a pay cut to aid clubs in crisis.

 WATCH/LISTEN
 ON THIS STORY
BBC Sport's Glenn Hicks
"Roma and Lazio expressed anger at the threat"

European news

See also:

13 Jul 02 | Europe
Links to more Europe stories are at the foot of the page.


E-mail this story to a friend

Links to more Europe stories

© BBC^^ Back to top

Sport Front Page | Football | Cricket | Rugby Union | Rugby League |
Tennis | Golf | Motorsport | Boxing | Athletics | Other Sports |
Special Events | Sports Talk | BBC Pundits | TV & Radio | Question of Sport |
Photo Galleries | Funny Old Game | N Ireland | Scotland | Wales