Serie A TIM: €94.2m in revenue for SS Lazio in 2015-16 (-14.7%), and €12.6m net loss

Società Sportiva Lazio (Serie A TIM) posted a consolidated turnover of €94.21m for the 2015-16 fiscal year (from 01/07/2015 to 30/06/2016), a decrease of 14.7% (€110.46m) compared to the 2014-15 fiscal year, according to the accounts approved by the club's board of directors on 07/10/2016. "A decline due to lower revenues from European competitions," which the club chose to register on the 2014-15 fiscal year accounts, after Lazio played in both the Champions League (qualification play-offs) and in the Europa League (see below), saying these competitions related directly to the sporting results of 2014-15.

SS Lazio reported an operating profit (EBITDA) of €-9.485m on 30/06/2016, compared to €10.4m in 2014-15. The club registered a net loss of €12.6m for the 2015-16 fiscal year, compared a net profit of €5.8m in the 2014-15 fiscal year.

The wage bill of the club changed from €60.9m in 2014-15 to €59m for the 2015-16 fiscal year, a decrease of 3%. The club posted a net debt of €26.84m for the 2015-16 fiscal year, compared to €17.96m one year earlier (+49%).

• SS Lazio finished in 3^rd…