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45°08′ N 10°02′ E

Cremonese

Tier 2Serie BCremona, Lombardia, ItalyOn the globe

Founded
1903
Ground
Stadio Giovanni Zini15,191 seats · opened 1919
Full name
Unione Sportiva Cremonese

Who owns Cremonese

Cremonese is controlled by Giovanni Arvedi.

Owned by investorsOwner based at home: Italy

From the pitch to the top

The company that fields the team, then each holder above it.

Fields the first teamU.S. Cremonese S.p.A.S.p.A. (joint-stock company), Italy, Codice fiscale 00402350193
  • Stake not knowncontrols
    Giovanni ArvediPerson, ItalyFigure as of 20 March 2026Through Gruppo ArvediMedium confidenceSources: Calcio e Finanza, Wikipedia (it)
    What the source says
    I fondi USA mettono nel mirino la Cremonese di Giovanni Arvedi

Cremonese’s finances

From its published accounts and league records. Figures compare only with clubs at the tier it played that season.

Against its tier

Cremonese's revenue of €54.4m is the highest of the 4 Serie B clubs with published accounts

In 2024-25 it spent €0.71 on staff for every €1 of revenue; the typical Serie B club spent €1.43.

  • Cremonese
  • Other Serie B clubs
Revenue4 clubs
Staff per €1 of revenue4 clubs

Each club's newest recorded accounts since 2021–22, at the tier it played that season. If that year's revenue cannot be separated from player trading, the club is omitted rather than using an older year. Coverage counts comparable accounts, not every club with financial data. Revenue excludes player-sale income. Where that income is included in the published total, we subtract the statement's separately reported player-trading figure. Some statements group loan fees and other player income with sale gains; those are removed together. Otherwise loan fees remain included. These are comparisons across accounting formats, not identical revenue definitions. Cremonese: Value of production €57.4m − reported player trading €3.01m = €54.4m (calculated). Deduction: plusvalenze: gains on disposal of players' registrations. The scales are logarithmic.

Revenue€57.4m2024-25
Staff costs€38.6m2024-25
Net result−€6.90m2024-25
Contracted pay€23.6m2024-25, contracted
Equity
€3.70m
accounts, 2024-25
Public money
€263k
awarded, 2023, 1 records

The accounts

U.S. Cremonese S.p.A., the entity that fields the team · 2020-21 to 2024-25

Line2024-25Tier 2 · audited2023-24Tier 2 · audited2022-23Tier 1 · audited2021-22Tier 2 · audited2020-21Tier 2
Profit and loss
Value of production€57.4m€57.7m€89.1m€28.1m€26.7m
TV money€895k1€2.10m1€30.3m1€2.74m2€1.70m2
League and federation distributions€5.47m3€13.1m4€945k5€5.78m6€7.58m6
Matchday€1.65m7€1.73m8€4.54m7€677k7€7,2829
Sponsorship€37.6m10€32.3m10€44.2m10€17.2m10€14.7m11
Commercial€422k12€107k12€118k12€31.2k12€20.2k12
Player sales€3.01m13€1.40m13€180k13€5,00013€21.6k13
Staff costs€38.6m€29.1m€44.2m€20.8m€17.9m
Wage bill€35.1m14€26.1m14€41.5m14€18.9m14€16.0m14
Player amortisation€9.16m15€7.99m15€9.33m15€1.42m15—
Total spending€65.5m16€54.1m16€79.1m16€30.0m16€27.5m16
Operating result−€8.05m€3.60m€9.97m−€1.89m−€786k
Financial result−€4,261−€48.2k−€70.9k−€121k−€115k
Result before tax−€8.06m€3.55m€9.90m−€2.01m−€902k
Income tax−€1.07m17€1.55m€2.73m€909k€113k
Net result−€6.99m€2.00m€7.17m−€2.92m−€1.01m
Balance sheet
Total assets€41.0m€31.9m€47.9m€16.9m€16.8m
Non-current assets€27.6m€26.8m€37.6m€14.3m€12.5m
Player registrations (book value)€17.2m€16.0m€23.7m€3.70m18—
Property and equipment€6.65m€6.70m€6.72m€5.97m€5.85m
Current assets€12.6m€4.40m€10.3m€2.43m€4.24m
Transfer fees receivable€4.03m19€3.40m19€6.19m19€209k20—
Cash€1.85m€392k€1.39m€447k€584k
Equity€3.70m€10.7m€8.68m€1.51m€3.38m
Share capital€340k€340k€340k€340k€340k
Liabilities€37.3m21€21.2m22€39.2m23€15.3m24€13.4m25
Financial debt€181k26€1.06m27€2.12m28€3.59m29€4.59m30
Tax and social security debt€4.87m31€3.23m32€6.58m33€3.16m34€3.34m35
Transfer fees payable€9.44m36€10.2m36€19.1m36€4.40m37—
Shareholder loans————€1.05m38
Cash flow
Cash from operations€12.1m€10.2m€24.7m€2.39m€2.27m
Cash from investing−€9.76m−€10.1m−€22.3m−€1.52m−€2.53m
Cash from financing−€884k−€1.06m−€1.46m−€1.00m€642k
Net change in cash€1.46m−€995k€940k−€137k€382k
Transfers and people
Employees1593912240102418742—
Notes on 42 figures, in the accounts’ own words
  1. TV money: proventi televisivi campionato
  2. TV money: concessioni radio televisive
  3. League and federation distributions: contributi in conto esercizio: Lega B mutualità (€3,819,650) and solidarity contributions
  4. League and federation distributions: contributi in conto esercizio: the €10m Serie A relegation parachute and Lega B mutualità (€3,111,905)
  5. League and federation distributions: contributi in conto esercizio: mainly a UEFA contribution (€664,459)
  6. League and federation distributions: contributi in conto esercizio: Lega B mutualità and solidarity contributions
  7. Matchday: ricavi delle vendite e delle prestazioni: gates and season tickets
  8. Matchday: ricavi delle vendite e delle prestazioni: gates €1,027,410 and season tickets €698,544
  9. Matchday: ricavi delle vendite e delle prestazioni (matches behind closed doors)
  10. Sponsorship: proventi da sponsors ufficiali e istituzionali, mostly Finarvedi group companies
  11. Sponsorship: proventi da sponsors ufficiali e istituzionali
  12. Commercial: ricavi commerciali e royalties
  13. Player sales: plusvalenze: gains on disposal of players' registrations
  14. Wage bill: salari e stipendi
  15. Player amortisation: from the notes
  16. Total spending: totale costi della produzione, including amortisation
  17. Income tax: a net tax credit (current taxes €1,182,142, prepaid taxes recognised €2,255,274)
  18. Player registrations (book value): from the notes
  19. Transfer fees receivable: crediti verso enti-settore specifico
  20. Transfer fees receivable: crediti verso enti-settore specifico, from the notes
  21. Liabilities: summed: TFR €651,582 + debiti €27,202,529 + ratei e risconti €9,414,172
  22. Liabilities: summed: TFR €538,729 + debiti €19,707,630 + ratei e risconti €999,855
  23. Liabilities: summed: TFR €593,138 + debiti €33,571,906 + ratei e risconti €5,030,005
  24. Liabilities: summed: TFR €412,707 + debiti €13,871,532 + ratei e risconti €1,056,761
  25. Liabilities: summed: TFR €371,455 + debiti €11,921,624 + ratei e risconti €1,093,407
  26. Financial debt: summed: debiti verso banche €117,422 + debiti verso altri finanziatori €63,105
  27. Financial debt: summed: debiti verso banche €570,775 + debiti verso altri finanziatori €493,645
  28. Financial debt: summed: debiti verso banche €998,414 + debiti verso altri finanziatori €1,124,667
  29. Financial debt: summed: debiti verso banche €1,436,044 + debiti verso altri finanziatori €2,150,670
  30. Financial debt: summed: debiti verso banche €1,967,607 + debiti verso altri finanziatori €2,623,406
  31. Tax and social security debt: summed: debiti tributari €4,366,870 + social security €507,313
  32. Tax and social security debt: summed: debiti tributari €2,870,576 + social security €361,172
  33. Tax and social security debt: summed: debiti tributari €6,380,665 + social security €201,635
  34. Tax and social security debt: summed: debiti tributari €2,745,894 + social security €410,646
  35. Tax and social security debt: summed: debiti tributari €2,685,737 + social security €653,166
  36. Transfer fees payable: debiti verso enti-settore specifico
  37. Transfer fees payable: debts to football clubs within (€2,272,470) and beyond 12 months, from the notes
  38. Shareholder loans: debiti verso soci per finanziamenti
  39. Employees: summed: average 20 clerks + 9 workers + 49 players + 81 coaches, technical staff and others (youth sector included)
  40. Employees: summed: average 15 clerks + 10 workers + 35 players + 62 coaches, technical staff and others (youth sector included)
  41. Employees: summed: average 15 clerks + 11 workers + 30 players + 46 coaches, technical staff and others (youth sector included)
  42. Employees: summed: average 10 clerks + 10 workers + 28 players + 39 coaches, technical staff and others (youth sector included)

2024-25: Source: U.S. Cremonese S.p.A.2023-24: Source: U.S. Cremonese S.p.A.2022-23: Source: U.S. Cremonese S.p.A.2021-22: Source: U.S. Cremonese S.p.A.2020-21: Source: U.S. Cremonese S.p.A.

League figures, wage bills, budgets and public money 5 records
SeasonTierContracted paySource
2024-252€23.6mcontractedSource: Calcio e Finanza
2023-242€22.2mcontractedSource: Calcio e Finanza
2021-222€14.0mcontractedSource: Calcio e Finanza
Public money, season or yearTotalRecords
2023€263kawarded1
2022€361kpaid1
  • 2 April 2023€263kawarded from Presidenza del Consiglio dei Ministri – Dipartimento per lo Sport: Refund of COVID-19 health and sanitising costs to sports clubs ('contributo a rimborso delle spese sanitarie e di sanificazione', DPCM 3 ottobre 2022), list of clubs affiliated to FIGC; matched to the club's operator by tax code.. Sources: Presidenza del Consiglio dei Ministri – Dipartimento per lo Sport, U.S. Cremonese S.p.A.
  • 28 October 2022€361kpaid from Presidenza del Consiglio dei Ministri – Dipartimento per lo Sport: Refund of COVID-19 health, sanitising and testing costs to sports clubs ('contributo per le spese di sanificazione', DPCM 16 settembre 2021), list of clubs affiliated to FIGC Professionisti; matched to the club's operator by tax code.. Source: Presidenza del Consiglio dei Ministri – Dipartimento per lo Sport

Where Cremonese has played

12316-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-272Serie B
  2. 2025-261Serie A, relegated
  3. 2024-252Serie B, promoted
  4. 2023-242Serie B
  5. 2022-231Serie A, relegated
  6. 2021-222Serie B, promoted
  7. 2020-212Serie B
  8. 2019-202Serie B
  9. 2018-192Serie B
  10. 2017-182Serie B
  11. 2016-173Serie C, Girone A, promoted
Sources8

Also on Wikidata (Q759482).

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