After a lot of back and forth during the week about the future of the Growth Decree, the latest reports suggest that it will be scrapped from the new year.
SportMediaset and La Gazzetta dello Sport stated a few days ago that the decision has been made to bring the Growth Decree to an end, and it will not just apply from the next transfer window but also to signings made from 1 July 2023 onwards.
However, Calcio e Finanza then stated that the scrapping of the tax relief scheme should not concern professional athletes and thus clubs will continue to be able to enjoy its benefits, as well as things like the arts sector.
Now, Il Sole 24 Ore (via FCInter1908) are stating that the Growth Decree is expected to be abolished after all, but there will be certain asterisks to it.
Milan signed Christian Pulisic, Ruben Loftus-Cheek and Tijani Reijnders on long-term deals from abroad during the summer window and were able to use the Growth Decree to reduce the overall gross investment.
The Italian government are now strongly considering removing it – the reasons for which are not disclosed – but Sports Minister Andrea Abodi is also working on some compromises.
The first one mentioned is that it would only apply from January 2024 and there would be no retrospective abolition. Secondly, it could continue to apply to players whose contracts are extended but for no more than five years.
