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Europe Daily Bulletin No. 8537

9 September 2003
Contents Publication in full By article 20 / 31
GENERAL NEWS / (eu) eu/state aid
Monti announces inquiry to be opened on Italian rules for financing football clubs

Brussels, 08/09/2003 (Agence Europe) - On the sidelines of the Ambrosetti Forum, an economic forum organised in Cernobbio in northern Italy on 5 September, Competition Commissioner Mario Monti expressed concern about a recently adopted Italian decree intended to help finance Italian football clubs. Adopted in February, the decree allows first and second league Italian football clubs to extend over ten years instead of three like other companies the sometimes enormous amounts that they spend...

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