Overview

• Lazio’s 2024–25 consolidated accounts show revenues fell to about €146 million from €195 million after missing the Champions League, driving a net loss of roughly €17 million.
• Consolidated equity turned negative at around €-16.8 million, cash flow absorbed about €9 million, and net financial debt increased to approximately €66.3 million.
• Wage costs dropped from about €116.6 million to €98.2 million, yet the club still must meet the 80% ‘costo del lavoro allargato’ threshold measured at September 30 under FIGC rules.
• Player-trading profits slid to roughly €11 million, with gains tied mainly to sales of Luis Alberto, Ciro Immobile and Nicolo Casale, and the summer window yielded only the Tchaouna sale after a transfer block constrained replacements.
• Lotito is working to have the market fully reopened, with Covisoc set to assess data after the September 30 snapshot and issue a late-November verdict, pointing to a likely sell-to-buy January unless fresh sponsorship, receivables or owner funding materialize.