television rights on their games. The Rome instead had to settle for only 68 million. If we consider that in the yellow house sponse% income from public-ty and merchandising (sales of products under the brand name of the team) are just over 22 million against 60 million collected last year by the Bianconeri, then it is easy to conclude the owner Pallotta will follow a long-in before setting off the heels of rivals Torino. Dreams of glory, or at least rimon-ta, the Roma fans cling to the Champions League. And not just from a sporting perspective. Participation in the most important European club competition
that is in itself tens of millions of additional revenue, largely the result of the sale of television rights. And the built-au-mint much for teams that fail to reach the finals of the tournament. That's why the goal of Totti who drew the bill in the match with Manchester City, can be worth millions of euro. Suffice it to say that last season, Juventus But even within yourself-elimination in the group stage, has budgeted 50 million in revenues to the voice Champions League. Ante Up instead to Rome, at-least in the accounts closed in June 2014. The team only came sixth in Serie A in 2012-13, failed to qualify for the continental cups for the season successes-go. This year, however, thanks to a second place last season, the team AS Roma entered Europe through the front door. The proceeds of participation in what was once known as the European Cup, you probably will not be enough on their own to cope with heavy losses. Certainly, however, the turnover developed by Champions-rap presents an important step towards the laughter-tion of accounts. No time to-ing. Because of this step, the club rome-nist risk heavy penalties from UEFA, the European Federation of the ball. In due proportion, the mechanical-ism is similar to that imposed by the Com-mission in Brussels to the member states of the EU. In the jargon of insiders
called "financial fair play" and it works well. To have the right to participate in continental competitions, each team must comply with a series of para-meters of the financial statements, concerning, for exam-ple, debt, losses or regular payment of salaries. The club with the messy-you are fined, but not excluded, in severe cases, even exclusion from European competitions. Roma, who has been sailing in troubled waters, has already been called to order. It could not be otherwise, since the last budget, in addition to the losses to 38.5 million, also weighs a net loss of 81 million. Pallotta and his colleagues were forced to provide a number of addi-tional information to the supervisory authorities by UEFA, with a commitment to do everything to fiscal consolidation as soon as possible. It does not end here, of course. The gialloros-could remain in the group of moni-mended special for a long time, obliged to report regularly to the European pillow-ing. The Rome is not the only team forced to repair tests. Even Inter Erick Thohir, a veteran of the management of deep red Massimo Moratti, is in a situation perhaps even worse. But for fans of the "Ma-cal", forced to deal with the nightmare of failure, living with the nerazzu-trri in the group financial statements at a loss should not be a great consolation. ■