Tod 'S Invested In Restoring Colosseum To Fight For 20 Years Of Image Use Right?
2011 Rome municipal government, Italy Heritage Department and Italy
Luxury goods
group
Tod 's
A sponsorship agreement was signed by Tod 's group to invest in 2500 million euros to repair Rome's landmark historic site - Colosseum.
The repair work is still in progress, but Italy
Taxation
The court and the audit court questioned the agreement.
According to reports, the Italy audit court has launched an investigation into the matter. They claim that compared to the Tod s group's benefits from the sponsorship agreement, they have the right to use the image of Colosseum 20, and the sponsorship fee they provide is only a small amount.

In addition, the Tax Court pointed out that the delay in repair works may also lead to economic losses.
Although the restoration of the main building has been completed in 4 last year, the construction of the service center and the repair of the basement and corridor have not been completed yet.
A spokesman for Tod s said: "the construction of the Colosseum service center has been postponed, but the tender notice will be completed by the end of 2016, and the construction work will be completed within two years."
Last month, it was reported that 31 landmark arches have been repaired and the repair area is more than 143 thousand square feet (about 13 thousand and 200 square meters).
In addition, the gates have been rebuilt, and more than 10.9 million square feet (about 10 thousand and 100 square meters) travertine have been used.
Gladiators and other valuable statues were also repaired.

The repair fund promised by Tod s founder Della Valle has used 10 million euros, and it is expected that the restoration project will be completed in 2020 to 2022.
Tod 's has established a fund called "Amici del Colosseo", which is used to publicize and rebuild the world and to find people who want to contribute to Italy's artistic and cultural heritage.
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