RedCafe.net - View Single Post - It's official now: Lazio introduces salary cap from 2002 season. Innovation, as usual

Piersifal · 14th November 2001, 00:20

During yesterday's SS Lazio stockholders meeting, president Cragnotti proposed a salary cap to players income: 77.5 million euros, a 30% reduction to this year's 210 billion liras.
The Board approved unanimously. A new era is born, I believe. No more money-wasting in Italy. And Europe will follow, I am sure.
After the Stock Exchange, Lazio first in Italy for innovative rules, again.

14th November 2001, 00:20	#1 (permalink)
Piersifal Banned Join Date: Jul 2001 Location: The Eternal City, proud home of SS Lazio 1900. Posts: 871	It's official now: Lazio introduces salary cap from 2002 season. Innovation, as usual During yesterday's SS Lazio stockholders meeting, president Cragnotti proposed a salary cap to players income: 77.5 million euros, a 30% reduction to this year's 210 billion liras. The Board approved unanimously. A new era is born, I believe. No more money-wasting in Italy. And Europe will follow, I am sure. After the Stock Exchange, Lazio first in Italy for innovative rules, again.