SS Lazio: a turnover of €135.2m (-17.9%) and net loss of €17.4m in 2021-22

SS Lazio (Serie A TIM) has posted a turnover of €135.2m for the 2021-22 financial year (from 01/07/2021 to 30/06/2022), down 17.9% compared to 2020-21 (€164.7m), according to its (unaudited) financial statements for the season, published on 21/09/2022.

This decline in the Roman club's revenue is mainly due to a decline in TV rights, which reached €85.6m, compared with €143.8m in 2020-21 (-40.5%). The previous financial year had in fact benefited from the deferral of revenues linked to the end of the 2019-20 season (postponed due to Covid-19) and Lazio's run in the UEFA Champions League (elimination in the Round of 16), whereas the club was eliminated in the play-offs for the Europa League Round of 16 in 2021-22.

This last element also impacted on expenses, particularly on the wage bill, which fell sharply from €135.4m in 2020-21 to €99.2m in 2021-22 (-26.7%). After a 2020-21 season without ticketing revenue, Lazio benefited from the end of the Covid-19 pandemic and posted €10.5m in matchday revenue in 2021-22.

The club's net loss was €17.4m, down 28% from €24.2m the previous year.

• SS…