Football finance expert explains importance of July 2 deadline in Milan’s pursuit of signings

By Oliver Fisher -

AC Milan face a deadline within the mercato in terms of registering new signings because of the rules of the Growth Decree, it has been revealed.

Football finance expert Felice Raimondo reports how those who want to take advantage of the Growth Decree for the current fiscal year must sign players by July 2, because otherwise they would not qualify for the tax relief for the 2022-23 season.

As stated by the regulation, the tax period for a normal person coincides with the calendar year and they must spend 183 days in Italy to qualify for the benefits. Therefore a person (or player in this case) who has moved to Italy after July 2 (after July 1 in the case of a leap year) cannot be considered a resident for most of that full fiscal year.

Any team that buys a player after July 2 for that reason will not be able to count on the benefits of the decree for that campaign, so if Milan want to take advantage of the Growth Decree for Hakim Ziyech or any other new signings for the 2022-23 season they must get them signed by July 2, otherwise the benefits will not apply until 2023.

There is a clarification: the following year does not mean the following season (2023-24) but rather the team will start enjoying the benefits starting from 1 January 2023. Therefore, six months of the season will be without the tax relief.

Tags AC Milan


    1. Right it feels like it should be the opposite. Tax breaks for retaining and/or signing league and Italian players would make so much more sense.

    2. The problem is that Italian teams slap EPL like price tags on average Italian players. If the small Italian clubs produce good young talents and sell them according to their actual value , the big teams wont have to go outside of Italy to buy players.
      Just a few years ago Torino was asking 100 mil for Belotti.
      For whatever player you call Sassuolo they want 40 mil and this is a team hanging around the 10th place every year. If their players are that good one would think they can sneak in the top 4 top 6.
      Roma wants 60 mil for an attacking player that scored 2 goals and had 2 assists in 38 games.
      But most importantly Italy just doesnt have good young players. Even the small teams are mostly fielding foreign players.

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