Which of these Serie A clubs are most likely to be financially ruined by the financial crisis?

August 8, 2021 0 Comments

Financiers, including the likes of Goldman Sachs, Bank of America, Deutsche Bank and JP Morgan, are predicting that the crisis will destroy the Serie A champions.

They are not just betting on the failure of the banks that lend money to them.

They also predict that the financial markets will collapse.

They say that the clubs that are most at risk are those that do not have a big enough cash cushion.

“They say that if you lose a match, you will lose your cash, but it is not going to be easy to do that, especially in the short term,” said the head of the Bank of Italy’s Financial Stability Unit (ESF), Giancarlo De Pasquale.

“The question is: Will the players or the fans lose their jobs, will the club owners lose their money, or will the creditors of the club, the owners, be forced to sell their shares?”

He added that the risk is the financial sector.

“What we are seeing is that the banks, the banks are in an existential crisis.

And in this crisis, we are not talking about a financial crisis of the whole country, but about one that is affecting the clubs.”

The first time that a football club was taken over by a major financial institution was in 1974, when the former owners of Inter Milan bought the Stadio Olimpico in Milan.

The move, in which Inter became the first Italian club to be bought by a private equity firm, brought with it massive financial losses, particularly on player salaries.

“This time it will be different,” said De Passe.

“It will be worse.

And it will hit the clubs the hardest.

In the past it took two years, but in this case it will take a year.”

The situation is not different at Juventus.

In a press conference in July, former president Silvio Berlusconi, who was sacked in 2013, said that Juventus would be hit by “the most serious consequences” of the crisis.

“A lot of financial investments have been made in Juventus,” said Berluschi, who has been linked with a possible return to politics.

“I hope that I am not the last to suffer from the financial catastrophe that will occur here.”

The Financial Times has forecast that Italy will lose $10 billion from the crisis and that the country will need to spend at least $10.7 billion to save itself.

“In the coming years, Italy’s economy is going to undergo a big change, and the new economic realities will require the country to find a solution to the crisis,” said Giorgio Vittorini, an economics professor at the University of Naples.

“We are going to see a new wave of capital flight, a new debt bubble.

There is a risk that the situation will escalate further in the future, with the collapse of the economy.”

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