Lazio President Lotito Took Home a Gross Salary of €600,000 Last Year

Lazio president Claudio Lotito received a gross salary of €600,000 from the club last year.

As reported by Italian media outlet Calcio e Finanza earlier today, the Biancocelesti president took a salary from the club for the second year in a row, something he did not do in previous years.

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Members of the management board took home €12,000, the chairman of the Supervisory Board received €15,000 and each of the five members of the Supervisory Board earnt €12,000.

Lazio’s financial statement for the year ending June 2021 was fully released earlier today, showing that the Roman club closed out the financial year with a net loss of €24.2 million, more than the €15.8 million in losses they closed with back in June 2020.

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The Covid-19 pandemic is still having an effect on the world of Italian football and so these losses are not entirely unexpected, especially considering that stadiums are still not full capacity yet.

There is hope that stadiums will be fully open by the end of this calendar year.

Tags Biancocelesti Claudio Lotito Italy Lazio Lotito Rome Serie A