Serie A Chief Attributes Italy’s Decline to Illegal Streaming
On June 18, Serie A CEO Luigi De Siervo highlighted the negative impact of illegal streaming on the league’s TV revenue. De Siervo stated that illegal streaming has been a major factor in the loss of revenue for Serie A clubs. This loss of revenue has had a detrimental effect on the financial stability of Italian football.
Illegal streaming not only deprives clubs of much-needed revenue but also undermines the value of broadcasting rights. This has made it increasingly challenging for Serie A clubs to compete financially with other top European leagues.
De Siervo emphasized the importance of cracking down on illegal streaming in order to protect the future of Italian football. He called for greater enforcement measures to combat this issue and ensure that clubs receive fair compensation for their content.
In conclusion, illegal streaming poses a significant threat to the financial health of Serie A clubs. It is crucial for stakeholders to work together to address this issue and safeguard the long-term viability of Italian football.