Lotito talks about transfer ban: Lazio has no financial risks and can sign aid in January next year

Lazio was banned from signings this summer for financial violations, and Lazio club chairman Lotito talked about this matter in an interview.

Lazio was banned from signings this summer. Why is that?

This is a rule that is interpreted in some different way and has been repealed since July 1. After we realized this, we thought that some fees could be processed by March 31, which could have been delayed. When I made this request, they told me there was no problem because we could sign and sell people in that case. But then they used the fiscal liquidity index as a basis to freeze all our operations, and I call this index a stupid index.

Is the financial problems of the Lazio club serious?

Lazio has no risk of bankruptcy, our finances are stable and healthy. The club owns more than 300 million euros in real estate, and the players' assets are worth more than 300 million euros. There is no risk of bankruptcy, and there is no problem with paying players' salaries.

Lazio was not punished by UEFA, but was punished by Italian football. This rule was interpreted abnormally. There are two different rules that apply to the transfer market in one season. Lazio's finances have never been fined or challenged by UEFA, and as far as I know, some other teams have been punished by UEFA.

This transfer ban has had a great impact on Lazio, which has caused us losses, because I had received important offers for some players, but due to the ban, we had to choose not to sell the players, and even gave up capital gains of up to 60 million euros.

Currently, Lazio has many injuries. We are going through a special period. We have 8 players injured, and now we are just not injured by the head coach... However, Coach Sarri is very good and he will prove the value of the players. Maybe someone hopes that I, as the chairman, will also suffer injuries, but this will not happen. The coach is very capable and has rich experience, and time will prove the excellent level of this team.

Will you sign up during the winter transfer period in January next year?

Club will conduct transfer operations when the market allows, and I again emphasize that there are no (financial) issues. I think we have reached 80%, and the so-called risks are based on no basis. Signing in January next year? If there is a need for signing, we will act, and from a technical point of view, there is no factor that prevents us from doing so.

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