The Law No. 205 of 27 December 2017 (“2018 Budget Act”) introduced several new regulations for the sport sector.
In particular, in order to implement the investments within the sport sector, the Italian Government approved the twenty two ad hoc measures contained in the so-called “Sport Package”.
These measures form a set of rules regarding both amateur and professional sport; they rapresent a real revolution which concerns all the fiscal and organizational Italian sport clubs regulations. However, the aforesaid law, in force as of 1 January 2018, will bring important changes especially within the Italian football.
The following is a summary of the main provisions of interest:
contributions for football stadiums and sports facilities in order to encourage their modernization and valorization;
distribution of the revenues arising from the selling of the Serie A Championship television rights in order to allocate more financial resources in favor of the smaller companies;
introduction of a new amateur sport clubs for profit;
the establishment of a Sport Agents National Register in order to ensure the professionalism of the sport agents;
contributions and incentives in favor of the clubs which invest in young players under 21;
other measures: including but not limited to, reform of the professional sportsmen pension system; establishment of the right to practice sports in favor of the non-EU minors.
