“Identifying the honest value for the overall performance of a specialist athlete is notoriously a difficult task and not supported by an ample level of scientific proof,” Boccardelli wrote in his letter. In essence, he was indicating what other folks have said: The values that go on to club equilibrium sheets are frequently fake.
“We can say in a ton of instances it is a sort of fiction,” stated Pippo Russo, the creator of a book about the transfer industry who investigated and highlighted numerous curious trades involving Italian teams, together with some of those now staying flagged by the regulators. “They require to do this since they will need to have once-a-year accounts in get.”
Russo mentioned that although “Italy has the copyright” on the plusvalenza system, he has viewed the exercise exported across the European soccer landscape, highlighting bargains involving teams in Spain, France and a short while ago Portugal, the place two top rated division groups swapped two youthful gamers with rarely any expertise, but only just after valuing them at tens of millions of euros apiece.
The involvement of Consob, the Italian economical regulator, is notable then, because its fascination in the dealings of Juventus, a listed business, could carry critical consequences if the club is found to have damaged the law. The soccer prosecutor’s powers are minimal to sporting penalties, like factors deductions and in some cases even demotion.
In 2018, for instance, an investigation uncovered Chievo Verona experienced for many years engaged in a scheme in which it inflated the benefit of youth gamers traded with another club, Cesena. The bargains, worthy of millions of euros in overall, allowed every staff to satisfy registration necessities to acquire licenses to play in the expert leagues.
However while Chievo was punished, some crew proprietors in Italy have expressed frustration that principles are usually changed or not enforced to shield the most prosperous clubs. Last season’s champion, Inter Milan, for instance, secured its 1st title in 11 a long time even though it was unable to satisfy its payroll. The league, citing the coronavirus pandemic, experienced calm its regulation on wage payments halfway through the year.