Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

AC Milan Says Soccer Fans Can’t Afford Tickets Because of Crisis

Oct. 12 (Bloomberg) -- Italy’s economic crisis has made it harder for soccer fans to attend matches, a director of one of the country’s most popular clubs said.

The Italian economy, Europe’s second most-indebted, will shrink 2.4 percent this year as rising joblessness and austerity measures weigh on demand, according to employers’ association Confindustria.

“Our fans cannot afford to come to games because they have other priorities” as Italy grapples with the sovereign-debt crisis, Umberto Gandini, organizing director of AC Milan, told delegates yesterday at the Leaders in Football conference at Stamford Bridge in London.

Milan’s home games are played at the San Siro, the largest stadium in the country with a capacity of more than 80,000. The seven-time European Cup winner shares the facility with Inter Milan. AC Milan is averaging about 46,800 fans a game, according to ESPN’s Soccernet website. Ticket prices range from 375 euros ($485) in the Executive Lounge against current Italian champion Juventus to 20 euros in the third tier against other Serie A teams, according to the club’s website.

Italian soccer fans are increasingly choosing to watch matches at home because it’s cheaper. This leaves stadiums empty, ruining the atmosphere for spectators and television viewers, Gandini added.

Gandini said he was “little bit worried,” about the introduction of so-called Financial Fair Play regulations created by UEFA, European soccer’s governing body, that aim to punish clubs that spend beyond their means from 2014.

“Everybody is going to look at reducing costs,” he said. “And there would be no opportunities to make new investments and new growth.”

To contact the reporter on this story: Danielle Rossingh at the London sports desk at drossingh@bloomberg.net

To contact the editor responsible for this story: Christopher Elser at celser@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.