L’ordinamento del calcio alla prova del codice della crisi e dell’insolvenza

Abstract

In just a few years, professional sport has become the most important and global entertainment industry: a complex mix of entertainment, television and image rights, finance, communications, advertising, and marketing that has surpassed every other media phenomenon. This formidable development, which has primarily affected football, has, however, been accompanied by serious distortions that have generated profound crises due to the paradox of continuous and exponential growth in revenues versus a concomitant increase in losses, due to unsustainable expenses for the costs of athletes and related intermediations, instrumental to an ability to compete that goes beyond all economic logic.