Why Italian football has no money

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Clubs in Serie A are struggling to spend money. In January 2023 transfer window when the Premier League spent a combined total of 800m Euros, Serie A spent just 33m.

But why? What is holding Italian clubs back from competing with their European counterparts? What are the main revenue streams, and why aren’t they fruitful?

James Horncastle writes, Henry Cooke illustrates.

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