Fiorentina post record losses of 136.4 million euros
Wage bill, Pioli's exit and a UEFA fine drive the deficit, the worst of the Commisso era, which had never gone above 70 million before.
Fiorentina closed the financial year to June 2026 with a loss of 136.4 million euros, the biggest since the Commisso era began. In previous years the overall deficit had stayed just under 70 million.
According to TuttoMercatoWeb, the main hit comes from wages, which rose to 114.6 million from 80 million in the previous accounts. Other costs include around 10 million for ending Pioli and his staff's contracts, a 6 million UEFA fine and almost 9.5 million in lost income: 5.7 million in TV rights after finishing 15th, and 3.8 million for missing the Conference League semi-final.
The summer market, with player values totalling 127 million, does not hit the books all at once. Amortisation spreads the cost over contract lengths, while agent fees and bonuses will be booked in future years. That is why the club expects significantly smaller losses already in the 2027 accounts.
Monza
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