The organized Lazio fan groups have decided to take their protest against club president Claudio Lotito to the next level, and the financial repercussions will be dramatic.
Lazio Fans Announce Major Boycott
On Friday, the Biancocelesti supporters announced they’ll continue to boycott the club’s home fixtures, as has been the case since January. Moreover, they will take more drastic measures by refusing to purchase season tickets and cancelling their subscriptions to the TV channels and online platforms that broadcast Serie A games.
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The ongoing protest aims to force Lotito to sell the club, as the fans accuse him of putting his own interests above Lazio’s, and failing to properly run the organization, as evidenced by the current financial struggles and transfer restrictions.
Lazio Set for €20m Losses
While it remains to be seen if the supporters will succeed in their mission, they have certainly landed a painful blow to the hierarchy. As Lazio Siamo Noi explains, the fans’ announced action should cost the club’s coffers an estimated €20 million.
As the source explains, the club will miss out on €8-9 million in season tickets alone. Last season, the supporters decided to rally behind Maurizio Sarri and the players despite the woeful situation in the summer and the transfer ban, purchasing almost 30,000 season tickets.
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Moreover, matchday revenue will evaporate with the absence of the fans. The organized supporters expressed their desire to attend the Derby della Capitale against Roma, which will be the only exception among the home fixtures. A full Stadio Olimpico could generate around €3 million.
How Lazio Plan to Soften the Blow
Lazio will be able to mitigate the losses by receiving €15-18 million from an old TV rights settlement between Lega Serie A and IMG. They have also recently signed a sponsorship deal with Polymarket worth around €20 million. Nevertheless, the impact of the protest will certainly be felt, whether on the sporting or economic level.