TV boost to bounce Serie A back into black

According to a study by Bologna-based sports consultancy StageUp, top Italian clubs will post an average operating profit of 400,000 euros in the 2010/11 season, as higher TV revenues will offset lower income from sponsors and tickets.

Serie A clubs had an average operating loss of 8.3 million euros in the 2008/09 season, when sponsors and fans reined in spending amid the downturn, StageUp said in the report released exclusively to Reuters outside Italy.

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