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Financial losses continue for Lazio

Ciro Immobile of SS Lazio celebrates after scoring a goal during the Serie A match versus Hellas Verona on September 11, 2022 (by Silvia Lore/Getty Images)

Italian Serie A football club SS Lazio has recorded a loss of €17.42m ($17m), less than the deficit from the previous year, but still representing a fourth consecutive season in the red.

The Rome-based team has issued its financial report for the year ending June 30, 2022, with this year’s loss comparing to the previous campaign’s €24.21m. Turnover, excluding transfer activity, fell from €164.74m to €135.25m year-on-year.

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