Italy’s footballers to tackle country’s ailing finances
Italy’s best-paid footballers have been urged to pitch in and ease the country’s precarious finances by buying government bonds in a special sale on Monday.
The union representing many of Italy’s multi-millionaire footballers has urged players to do their bitfor their country’s by buying government bonds at a time when they are being dumped by panicky investors fearing a default.
"We all support this country and above all we believe in its strength," Damiano Tommasi, director of the AIC Italian Association of Footballers, said in a letter.
The AIC represents many of Italy’s multi-millionaire Serie A footballers including Roma’s Francesco Totti and Juventus’ Alessandro Del Piero.
The Italian Banking Association is to hold a special bond sale day on Monday, with banks planning to waive commission fees for clients who buy up government bonds.
The sale has received support from several prominent Italians, including the AIC union.
Tommasi, a former Roma and Italy midfielder, said he had written to all the captains of Italy’s professional football teams urging them to persuade their teammates to participate in the bond sale on Monday.