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Is it still difficult to implement the Decreto Crescita? Serie A is working on studying the cracks in the system.

Is it still difficult to implement the Decreto Crescita? Serie A is working on studying the cracks in the system.

Is it still difficult to implement the Decreto Crescita? Serie A is working on studying the cracks in the system.

The decree on growth remains a relevant topic for discussion in Serie A clubs. At the beginning of 2024, the government led by Meloni significantly restricted the areas of application of this legislation, effectively excluding football and sports in general from the list of privileged sectors. However, as reported by the newspaper "Repubblica," the situation is starting to improve for football clubs that own the rights to well-known players.

According to the publication, over the past few days, tax consultants for clubs and economic experts from Serie A have been actively working to understand the nuances and interpretations of the new regulations.

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As a result, it turns out that the situation looks more optimistic than previously thought. Initial assessments were quite pessimistic, but now it seems that players who arrive in Italy before December 31, 2023, may retain tax benefits for 5 years, and if they continue to reside in the country, for an additional 3 years. This means that, if this is the case, potential contract extensions will not be affected (at least in the first three years).

There is also a question about new players coming from abroad in 2024, following the changes to the Decree: according to the newspaper, there are three key aspects that require interpretation:

  • The first aspectRegarding culture: tax benefits will only apply to those who have at least a bachelor's degree.
  • The second aspectIt is related to income and a set limit of 600,000 euros: it is provided that a "reduction of the taxable base by up to 60% is possible if the employee moves to Italy with a child or if they have a child." This interpretation may help to bypass the financial limit.
  • The third important aspectIt concerns real estate: there are benefits for those who purchase "real estate in Italy used as a primary residence by December 31, 2023," for an additional three tax periods.

Overall, the current changes and interpretations can have a significant impact on the economic situation of clubs, as well as on attracting foreign talent to Serie A. This is why issues of taxation and legislation remain at the center of attention and discussions in Italy's sports circles.

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