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I meant to say GDS's estimates is not that reliable if you have to multiply by 1.5 to get to €250m which is the expected total. This is estimating €25m to coaching staff, €25m for Juve women, and €25m for loaned players. €175m left, so GDS/ CalcioFinanza's estimate of €120m is off by €55m...

This salary estimate is not very good. Stipendi lordi estimate is €121m which doesn't even cover the reported €128m half yearly Player's wages and technical staff cost, full year estimate would be €250m atleast. The list doesn't take into consideration Allegri and coaching staff plus Juve...

Saw the half-yearly financials and surprised the results are still bad…. How are wages and staff cost this half year (128m) almost comparable to last year (131m) when we no longer have Dybala, Bonucci, Di Maria, Paredes and supposedly Pogba?!

Renewing often means higher salary though and also sometimes agent fees. It could be that extending other core players makes it easier to renew Chiesa and/or Rabiot.

A whole load of text in Italian, can someone tell me the main point? I tried reading with google translate but didn’t make it that far lol Also the half yearly financials had a qualified opinion by the new auditors. They declined to make an opinion suggesting insufficient documents shared with...

I don't understand how 21/22 player wages and technical staff cost was higher by €27m compared to 20/21 when it should have been lower by ~€50m because Ronaldo left in 2021.

Why aren't the auditors (EY) being investigated? They signed off the financial statements as true and fair.

It's capital gains from asset disposal, shouldn't be classified as revenue (in the future atleast). Deloitte Football Money League always excludes it when they do the club-wise revenue comparison...

Draft financial statements as at 30 June 2020 https://www.juventus.com/en/club/investor-relations/press-releases-notices/price-sensitve-press-releases#season-2020-21 @s4tch

I checked the draft earlier today, I see that the €70m loss is now €90m loss for 19/20 (including Higuain's book value write-off), so it wasn't previously included in the writeoff. Detailed annual report is still pending so will probably wait for that to see if severance pay/provisions etc were...

I am not that optimistic. Juve had financial difficulties the last few years, balancing books by selling players. Without this, players like Dybala and/or Pjanic were goners for sure, I thought for sure Dybala was going to be sold last summer for plusvalenza. A continuous cycle of trading one...

Didn't realize that the capital increase already went through- €300m!! First owners/shareholders help solely for the team's competitiveness since the early 90's probably. No more forced player sales at the very least...

Add back: Taxes € 13.0m, Non-player depreciation €11.7m , Provision & write-downs €17.2m and it's break-even with FFP. Also the club wants to raise €300m with the intention of 'i. financing the investments required for maintaining sport competitiveness; ii. supporting the commercial strategy...

Still won't be enough imo. Last year Adidas already increased by 15m (won't increase by much this year), tickets prices increased (to the brink apparently), also merchandising increased unexpectedly thanks to Ronaldo. Still 100m+ of capital gains required to balance books.

Yeah, I was waiting to see the timing of the transfer. Just that my initial expectation was that we're ok in 18/19 and so this could be 19/20. Now I am guessing that either revenue (gate reciepts, tv and commercial) not picking up quick enough or expenses (especially wages) are increasing at a...

Spinazzola's transfer on the 30th of June, so capital gain for 18/19 most likely. That brings the total capital gains of 18/19 to €107m atleast. €43.7m in the first half (Caldara, Cerri, Mandragora), €36.7m in the second half (Audero, Sturaro) as confirmed in the HY accounts and now €26.6m...

I think something needs to be done about the wage structure. Too many players on high wages is making it difficult for flexibility with transfer strategy. I think selling Dybala, Costa and Khedira would free up a lot of wages and also allow for a big transfer campaign. Also buying players like...

Juventus are getting so much coverage on Financial Times and Bloomberg since Ronaldo :lol: Financial Times: Cristiano Ronaldo hat-trick sends Juventus shares soaring

Record gate receipts from yesterday's match. € 4,947,759 according to Repubblica https://www.repubblica.it/sport/calcio/champions/2019/03/12/news/juventus_cristiano_ronaldo_atletico_madrid-221398192/

Lol Juve isn't ManCity. Exor paying CR7's wages would be illegal! Like every other year the break-even is set at CL semi-finals so there will be a manageable loss if Juve don't reach atleast semifinals. For a rough estimate, it would be like €40m loss in case of Ro16 exit, €20m if QF, it's how...