Brussels, 07/07/2004 (Agence Europe) - The European Commission is again tackling the Italian "Salva Calcio" decree that protects the large Italian football clubs such as Milan AC, Inter of Milan, AS Roma and Lazio Roma from bankruptcy. It has sent a reasoned opinion to Italy because it considers the decree, which allows payment for players to be spread out over several years, runs counter to European accounting directives.
In March, Competition Commissioner Mario Monti had agreed to abandon...