Istituto per il Credito Sportivo A Comprehensive Guide to Its Services

Istituto per il Credito Sportivo offers a range of services to support the financial needs of sports clubs and organizations.

The Istituto provides loans and financial aid to help clubs cover essential expenses, such as stadium maintenance and equipment purchases.

From small local teams to large national organizations, the Istituto's services are designed to be accessible and beneficial to sports clubs of all sizes.

One of the key benefits of working with the Istituto is its ability to offer flexible repayment terms, allowing clubs to manage their finances effectively and focus on their sport.

You might enjoy: Health Insurance for Nonprofit Organizations Employees

Istituto per il Credito Sportivo has a significant presence in the financial sector. The institute's financial data shows a steady increase in total assets over the years.

In 2004, the total assets stood at €1,737,151,807. By 2011, this figure had grown to €2,005,721,547.

The institute's shareholders' equity also saw a notable increase, from €1,158,349,294 in 2004 to €774,071,132 in 2011.

Explore further: Gangmasters (Licensing) Act 2004

Here's a breakdown of the institute's financial data:

The institute's financial performance was also impacted by the COVID-19 pandemic, with a net loss in 2020 of €10,861,563. However, the institute has since recovered, with a net profit of €14,869,258 in 2021 and €17,586,223 in 2022.

ICS, l'Istituto per il Credito Sportivo, è leader nel finanziamento per gli impianti sportivi da oltre sessant'anni, con oltre 34.500 impianti finanziati, ovvero il 75% delle infrastrutture sportive del Paese.

Gli enti che possono usufruire delle agevolazioni e dei finanziamenti messi in campo da ICS sono: gli Enti Territoriali e Pubblici, ASD, SSD e Imprese. I finanziamenti sono volti a favore delle attività olimpiche e paraolimpiche del CONI.

ICS offre mutui a tasso agevolato per aiutare gli enti a realizzare i loro progetti. Sono previsti anche due Fondi Speciali: Fondo Contributi negli interessi e Fondo Garanzia per l’Impiantistica Sportiva.

Gli impianti finanziati da ICS includono oltre 34.500 strutture sportive, coprendo il 75% delle infrastrutture sportive del Paese.

Recommended read: Sono Motors

The Istituto per il Credito Sportivo has made provisions for special funds to support sports initiatives. These funds are designed to provide financial assistance to organizations and individuals pursuing sports-related activities.

One such fund is the Fondo Garanzia per gli Impianti Sportivi, which offers a guarantee of up to 80% of the loan amount for the construction, expansion, or improvement of sports facilities. This fund is available to sports organizations, public or private entities, and individuals pursuing sports-related goals.

The maximum guaranteed amount for each beneficiary is €2.5 million, although this can be increased to €5 million for specific projects, such as those related to large sports facilities or those requested by the CONI, CIP, or national sports federations.

To be eligible, projects must have received a favorable technical opinion from the CONI.

Here are the details of the two special funds:

ICS – Istituto per il Credito Sportivo is a public bank that supports sport and culture. It's a leader in financing sports infrastructure for over sixty years.

The bank works alongside public entities and private subjects to help them realize their development projects by granting subsidized loans. Over 42,000 loans have been granted, contributing significantly to Italy's growth.

ICS has a strong tradition of reliability, which has contributed to its success. It has a significant presence in the Italian market.

The bank has a wide range of products and services, including a Fondo per la Salvaguardia e la Valorizzazione del Patrimonio Culturale, which offers financial support for cultural projects.

Here are some of the key clients that ICS serves:

ICS has a long history of providing financial support for sports infrastructure, having contributed to the financing of over 34,500 impianti, which is 75% of the country's sports infrastructure.

The administrative aspects of the Istituto per il Credito Sportivo are quite clear.

Antonella BALDINO serves as a member of the board of directors and vice president, earning a annual salary of €19,350.00 lordi.

Pierfrancesco BARLETTA is also a member of the board of directors, with a similar annual salary of €19,350.00 lordi.

Elisa GRANDE holds the same position as BARLETTA, with an annual salary of €19,350.00 lordi.

Paolo VACCARI rounds out the group as a member of the board of directors, also earning an annual salary of €19,350.00 lordi.

These salaries are consistent across the board of directors, suggesting a well-structured compensation system.

Intriguing read: Masshealth Member Services