“Company B is on alert. Rules and the “case” of Regina entering the FIGC”, titled Sports courier.
Decompression table for Regina’s “case”. The letter sent to the Serie B clubs by president Mauro Balata aims to try to avert the risk that one of the most beautiful and exciting leagues of the new millennium could end up collapsing due to disputes that, when they arise, no one knows. where they really are. lead. Following a meeting held on Monday at the FIGC, in the presence of President Gabriele Gravina and representatives of other federal entities, the Number One League took stock of the relationship that has developed between federal regulations and the Crisis Code of Companies and “Insolvency in force since 2019, a valuable tool but a novelty in the world of football and sports, although Koni himself has encouraged this on several occasions in the past.
The same was taken by Reggina in December last year, when it became known that the company, transferred by the court of Reggio di Calabria, could not be properly managed without a restructuring by the owners of a debt close to 15 million euros.
What neither the majority shareholders, Felice Saladini and Angelo Ferraro, nor the chairman, Marcello Cardona, took into account was the impossibility of incurring non-deductible “business continuity” expenses by the Commissioner appointed by the Bankruptcy Section. By the way, in fact, Irpef and social benefits (in violation of the imperative conditions of February 16 and March 16) in relation to the salaries of November-December and January-February, however, were regularly paid.
Two violations that paved the way for possible fines.
But in the Regina case and this short circuit caused by the discrepancy between the general order and the sports rules, which, however, enjoy their own autonomy, Covisoc launched an investigation after visiting the club twice and receiving financial statements and documents from accountants.
Also taking note of the two “statements” filed by Regina with the court to enforce payments. Faced with the Commissioner’s repeated refusal, the alternative would be to break customary law and face criminal penalties. This supports Amaranth’s management, which unsuccessfully requested an exemption, prompting protests from other B-companies that paid wages, deductions, and contributions on a timely and regular basis.
In short, the so-called “interested third parties” are at war. That is why the discussion held on Via Allegri in the presence of President Gravina stressed “the need to study the effective compatibility between the two areas of regulation mentioned … with particular attention to the economic/financial balance checks of professional sports clubs.” . The intention is to keep everything together to “ensure the smooth running of the championships”. The resulting picture will be the subject of a “conditional and prospective” assessment that will continue in the coming weeks.
Source: Tutto Mercato Web
I am Ben Stock and I work in Athletistic as an author. My specialty is covering football news and other related topics. I have been writing for this website since the past 2 years, crafting compelling stories with the latest updates in the sports world. My articles have gained widespread appreciation amongst readers due to their accuracy and depth of research.