Lazio’s Financial Report Confirms High Costs of Muriqi & Fares Last Summer

Lazio have released their Half-Year Financial Report today, which shows the total cost of last summer’s transfer market.

According to a report from Italian media outlet La Lazio Siamo Noi earlier today, the Biancocelesti’s management approved the Consolidated Half-Year Financial Report, which ends on 31 December 2020.

Within the report were the total costs of the moves in the summer transfer window, which confirmed that the Roman club paid €19.9 million to Fenerbahce for Kosovan forward Vedat Muriqi. Lazio also paid €8 million for Algerian wing back Mohamed Fares.

Considering the shaky performances of the pair this campaign, the Biancocelesti’s important investment has so far not paid off.

Below is an extract from the report:

Transfer campaign Subsequent to 30 June 2020 for the first team squad:

  • Permanent rights to the sports performance of six players were purchased for a purchase cost of € 26.52 million, excluding VAT;

  • Temporary free rights to the sports performance of two players were acquired;

  • The registration rights of four players were disposed of definitively, for proceeds of € 4.20 million and salary savings of € 6.79 million;

  • The registration rights of twelve players were sold on a temporary basis for income of € 1.50 million and salary savings of € 6.40 million.

MORE: Lazio Forward Muriqi Fails to Make the Difference in Kosovo’s 3-0 Loss to Sweden

MORE: Formello: Lazio Duo Caicedo & Fares Return to Squad Training Ahead of Spezia Clash

Tags Biancocelesti Fares Italy Lazio Mohamed Fares Muriqi Serie A Vedat Muriqi