Lazio Release Financial Reports Ending December 2021: Revenue Down, Profit Up

By Apollo Heyes -

Lazio released their financial reports from June to December 2021, which show a decrease in revenue but an increase in profit.

As detailed by La Lazio Siamo Noi, the Biancocelesti generated €71.56 million in revenue during the six-month period ending 2021, a drop from €106.66 million 12 months prior. This drop can be explained by the lack of participation in the Champions League, which generates incredible funds for clubs.

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Interestingly, Lazio’s profit for this period was €4.6 million, significantly better than 12 months prior when the year closed with a loss of €0.12 million. This positive step is explained by an increase in revenues from sponsors, which rose from €8.6 million a year ago to €13.1 million in December 2021.

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Ticket sales have also obviously increased as the COVID pandemic has scaled back; €6.3 million were collected from ticket sales during the first half of this season. Merchandising revenue, something that Italian clubs always struggle with, only sits at €1.05 million.

Finally, Lazio’s net financial debt is negative with €43.25 million, up €17.94 million from 30th June 2021. It was also confirmed that president Claudio Lotito injected €3.9 million last summer to unblock the infamous liquidity ratio.

Tags Biancocelesti Claudio Lotito Italy Lazio Lotito Rome Serie A