The Minister of Sport, Andrea Abodi, previously hinted at it during the Trento Festival of Economics: “It won’t be an authority, but an independent Commission.” Indeed, in the draft decree that is set to go to the Council of Ministers and defines the new body for monitoring the accounts of professional clubs, the word “authority” has disappeared, but the appointments remain governmental. The Commission, made up of a president and six members, will be chosen by the President of the Council of Ministers or the delegated political authority in sports along with the Minister of Economy and Finance.
The Commission will have seven top figures, including the president, and a yet undetermined number of employees. The costs are estimated at around 3.5 million euros annually, with part of it covered by sports federations and professional sports clubs under its supervision. The Commission’s tasks include overseeing the economic and financial management of professional sports clubs, certifying the correctness of their financial management, ensuring compliance with regulations, and providing corrective measures if needed to maintain transparency.
The Commission will play a crucial role in ensuring the financial integrity of professional sports clubs, verifying compliance with regulations, and issuing mandatory opinions to federations for crucial decisions regarding clubs’ participation in professional competitions. This new independent body aims to strengthen financial oversight and transparency within the sports industry, ultimately promoting fair and sustainable management practices across professional football clubs.
