The tax rate is close to 50% in Italy, and due to the nature of footballers, clubs tend to pay for the players taxes where employees in other businesses tends to pay their own taxes.
It is the same in England too, but that did not stop them from spending. Same goes in Spain, but Spain got a 3 or 4 yrs rule where if you only needs to pay 30% in the first 3 or 4 yrs you first work in Spain.
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