Monday Jun 26, 2017  
     
 
  24/09/2014: Lazio reveal Candreva only cost 4 million euro
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S.S. Lazio made their most recent budget available to download on the official website just under a week ago. This budget reveals more information about Lazio's mercato, and it has become clear that the media got many of their facts wrong.

It turns out Lazio bought the remaining 50% of Antonio Candreva for a mere 4 million euro (exlcuding VAT). It could be the case that this is only the amount of the first installment and Lazio are trying to conceal the true value of the deal, but this would be an unprecedented measure.

It has also emerged that Lazio have filed an appeal for 10 million in damages in the Mauro Zarate case, with a decision yet to have been made. Lazio have also decided to pay Vladimir Petkovic more than 1 million in damages having terminated his contract. The club did contest the matter, but were advised that they were highly unlikely to win their case.

A further revelation is the club's claim that Dusan Basta has been loaned for 500,000 euro and that redemption is only necessary if certain conditions are met.

As the budget is only until 30 June 2014, a breakdown of purchases made in the most recent transfer window has not been provided, but excluding Candreva, the club have implied that the figure is in the region of 11.75 million euro (excluding VAT).

Hernanes was indeed sold for 20 million euro, but the salaries of Helder Postiga and Gael Kakuta cost the club 2.27 million euro (there were no fees paid to Valencia and Chelsea respectively). That, however, was largely covered by the sale of Sergio Floccari to Sassuolo for 2 million.

Nevertheless, it is very likely that Lazio will need to sell in the near future if the team fails to qualify for Europe this season. It turns out that there is a deficit in the region of 15 million euro between Lazio's revenue and expenditure and Claudio Lotito has made a point about the need to spend only what one earns.
Author: Cathal Mullan
 
 
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