Press Release: Commission closes case against Italy on accounting rules for professional sports clubs (‘Salva-Calcio’)

The European Commission on 13 October 2005 decided to close the infringement procedure against Italy regarding its 'Salva-Calcio' law on financial reporting by professional sports clubs. The Commission considered that recent amendments to the 'Salva-Calcio' law meant that it no longer was in breach of EU accounting laws.