Andrea "Il Bruco Brutto" Agnelli (34 Viewers)

[Hust]

This morning technical meeting at Juventus attended by Allegri, Cherubini and the sports management area (which remains the same even after tonight’s event) to decide the next transfer market. The idea is to change the team as little as possible. @SkySport

lol max stays then

 

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[juve123]

Reading that statement from the club. That’s massively concerning, we’ve basically admitted that we conducted salary manoeuvres and have stated that we will re-release our accounts for the last 2 financial years. I can’t see how this isn’t going to involve some serious punishment against the club. This could be calciopoli part 2

These things don't happen at other clubs like the Osimhen transfer to napoli.

 

[.zero]

The whole role of the board of directors seems like an absolute mess. So many abysmal decisions and you get the impression that the culture at the top is a big issue, where people seem to think they could do what they want and behave unprofessionally without any consequences. The resignation of Daniela Marilungo is pretty damming where it suggests she was not informed enough to carry out her role.

Juventus is a public company and you can't have such a clear lack of governance.

1000000000%

I've spent a year echoing this

 

[Knowah]

Reading that statement from the club. That’s massively concerning, we’ve basically admitted that we conducted salary manoeuvres and have stated that we will re-release our accounts for the last 2 financial years. I can’t see how this isn’t going to involve some serious punishment against the club. This could be calciopoli part 2

260M in losses, fall of the club in European competition many times now, changing coaches three times in three years, the Super League push damaging our reputation. Bad press due to investigations like this, even if they find nothing, being investigated is bad press.

These things add up. The biggest thing is the costs. We've blown through a billion dollars in five years.

 

[Pirlo's Beard]

If we get 2006'd again you can kiss the club goodbye

you think the ref decisions are bad now... ooft

 

[radekas]

This won't end well for us. And just when we had a little hope...

 

[s4tch]

These things don't happen at other clubs like the Osimhen transfer to napoli.

the plusvalenza investigation was basically nothing, it ended without going to either sports or civil court

this is different. this might be financial fraud. if the club really paid (or tried to pay) players outside of the balance sheet then we rightfully will suffer consequences. i really have to re-read that statement. if what @Mike-e-y wrote is accurate and we are about to re-release those two financial statements then it's going to be massive. publicly traded companies very rarely do that.

 

[Ali]

Scandal United at it again. WTF!

 

[.zero]

More click bait

"joiurnos" seeing xmas early

 

[Pirlo's Beard]

Forza Al Juventabia

 

[Knowah]

the plusvalenza investigation was basically nothing, it ended without going to either sports or civil court

this is different. this might be financial fraud. if the club really paid (or tried to pay) players outside of the balance sheet then we rightfully will suffer consequences. i really have to re-read that statement. if what @Mike-e-y wrote is accurate and we are about to re-release those two financial statements then it's going to be massive. publicly traded companies very rarely do that.

The salary manuevers are about loyalty bonuses and salary deferrment in covid.

- firstly, resolved to revise by way of increase the estimate of probability of occurrence of the conditions
of permanence in the Team for those players who waived part of their salaries in biennium 2019/20-2020/21 and with whom salary increases or “loyalty bonuses” were subsequently concluded (in July/August 2020 for the first so-called “salary manoeuvre” and in September 2021 for the second so-called “salary manoeuvre”, respectively);

- on the basis of the aforementioned possibilities of adopting legitimate alternative accounting methodologies, evaluated to carry out a pro-rata temporis accrual of the costs related to the July/August 2020 salary increases (for the first so-called “salary manoeuvre”) and to the so-called "loyalty bonuses" of September 2021 (for the second so-called “salary manoeuvre”) starting from the earliest date of a so-called constructive obligation among those contemplated by the independent experts (and thus, respectively, from June 2020 and May 2021).

The above revisions of estimates and assumptions lead therefore to a revision of the estimates on the accrual charges as of end of June 2020, end of June 2021 and end of June 2022, as an effect of the salary increases executed in July/August 2020 and the “loyalty bonus” executed in September 2021, due to the pro-rata temporis accrual, pursuant to the so-called “straight line approach” (which is one of the approaches permitted by the accounting principles), starting from, respectively, June 2020 and May 2021; the effects substantially nil on the cash flows and net financial debt, both in previous financial years and in the one just ended and future financial years and are not material on shareholders’ equity for the financial years ended 30 June 2022.

 

[KirilovBG]

So superleague fucked us.

 

[Gep]

https://twitter.com/i/spaces/1PlKQpqOpYkxE

 

[Mark]

FORZA LAPO!

 

[DanielSz]

https://www.youtube.com/shorts/T3owmZvCJJs

 

[campionesidd]

Lol these journos had no idea till this morning and they’re already claiming what will happen to the club.

 

[radekas]

 

[Boksic]

the plusvalenza investigation was basically nothing, it ended without going to either sports or civil court

this is different. this might be financial fraud. if the club really paid (or tried to pay) players outside of the balance sheet then we rightfully will suffer consequences. i really have to re-read that statement. if what @Mike-e-y wrote is accurate and we are about to re-release those two financial statements then it's going to be massive. publicly traded companies very rarely do that.

The statement doesn't read like we tried to pay players outside the accounts. It looks like it relates to the players agreeing to postpone their wages in Covid. There seems to be conditions on when they would receive the funds and it sounds like it was more likely that we'd hit those conditions than our accounts presented. They have made it very clear that the accounting regulations have been adhered to and that cashflow/debt has not changed.

 

[Gigiventus]

So superleague fucked us.

No, Andrea and co fucked us

 

[campionesidd]

Why is it that when clubs like Bayern and Barcelona commit financial fraud, only their management gets in trouble, but if it’s Juve, then the whole club has to suffer?