Lazio Chief Claudio Lotito Delivers Update on Transfer Market Spending

Lazio president Claudio Lotito has delivered a mind-boggling update on the club’s summer spending. In an interview with Corriere della Serra, he admitted Biancocelesti spent upward of €100 million on the new arrivals.  

Eight new players have landed at the Stadio Olimpico this summer. Valentin Castellanos, Daichi Kamada, Gustav Isaksen, Christos Mandas, Matteo Guendouzi, Luigi Sepe, Nicolo Rovella, and Luca Pellegrini have joined Lazio. But not all came on permanent deals. 

It’s believed Lazio forked out around €37m to secure those signings, excluding wages, commissions, and extra fees. However, it’s worth noting they earned approximately €48m in the outgoing transfers, with Sergej Milinkovic-Savic’s blockbuster move to Al-Hilal headlining the list of departures.

Maurizio Sarri’s new-look squad struggled at the start of the 2023/23 Serie A season. After back-to-back losses to Genoa and Lecce, Lazio defied the odds to beat reigning champions Napoli 2-1 at the Stadio Diego Armando Maradona on Saturday night. 

Shortly after the game, Lazio president Lotito talked to the press, explaining the costs of the summer operations.

I have spent €100 million on my team. I am the one who has spent more than anyone else, without receiving any favoritism for my position,” he said, as relayed by Tuttomercatoweb.

The Lazio bigwig seized the opportunity to take a dig at arch-rivals Roma, though he refused to explicitly name Giallorossi in the interview.

Others, on the other hand, have not bought anyone, they have only taken players on loan.

Follow us on Google News for more updates on Serie A and Italian football