Board & Management (45 Viewers)

[JuveJay]

Basically saying what you want or hope will happen is journalism now.

 

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[Badass J Elkann]

Funny how exor come out to deny story this quicker than any allegation that goes our way

 

[s4tch]

Funny how exor come out to deny story this quicker than any allegation that goes our way

juve is a publicly traded company, so anything influencing the stock prices is of public interest

how is it funny when the majority owner of a public company acts like one

 

[Badass J Elkann]

juve is a publicly traded company, so anything influencing the stock prices is of public interest

how is it funny when the majority owner of a public company acts like one

All the more reason to come out and defend the club when dumbfounded yet serious allegations come our way? Or even how the media throw mud at us right?

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Besides with a bit of luck rumours of a sale has been floating for a couple of years now. I can only hope exor's denial is just a smoke screen.

 

[s4tch]

All the more reason to come out and defend the club when dumbfounded yet serious allegations come our way? Or even how the media throw mud at us right?

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Besides with a bit of luck rumours of a sale has been floating for a couple of years now. I can only hope exor's denial is just a smoke screen.

either the club or the owners did press releases every single time when it was their obligation. i'll just skip the rest. feel free to write elkunt a few times and go on with your day

 

[GordoDeCentral]

juve is a publicly traded company, so anything influencing the stock prices is of public interest

how is it funny when the majority owner of a public company acts like one

It's funny cuz it's the first time he did

 

[s4tch]

It's funny cuz it's the first time he did

did what? react to rumors that might influence the stock market? there are plenty of those reactions, see juve press releases or reuters archive. they reacted to the office raids, the resignation of the board, to allegations regarding false accounting, the news questioning the legitimacy of the ronaldo sale, etc.

 

[Badass J Elkann]

either the club or the owners did press releases every single time when it was their obligation. i'll just skip the rest. feel free to write elkunt a few times and go on with your day

Really? All I remember was that spineless clown coming out weeks after the allegations really exploded and not from the outset when it first hit the media stating he will defend Juve on and off the field.... yeah well we all know how that turned out.

 

[.zero]

Juventus parent Exor denies planning to put club on sale

ROME, Sept 11 (Reuters) - Juventus (JUVE.MI) parent Exor (EXOR.AS) , the holding company of the Agnelli family, said on Monday it had no plans to put the Serie A club up for sale, denying a report in newspaper Il Giornale.

Shares in Juventus, Italy's most successful soccer club, rose as much as 4.8% at the opening but quickly trimmed those gains to be up just 0.3% by 0900 GMT, broadly in line with the Milan bourse (.FTITLMS) as a whole.


A spokesman for Exor said in a statement that Il Giornale's report was "groundless", after the newspaper reported that the holding company considered Juventus's recent financial results were "no longer sustainable" and it had been embarrassed by the soccer club's ongoing judicial problems.

Juventus, its former Chairman Andrea Agnelli and 11 others could face trial after judges in Italy last year launched a criminal case against them over allegations of false accounting.


The club has denied wrongdoing and said its accounting is in line with industry standards.

Reuters reported in May that representatives of the Agnellis had become more open to ideas about the financial future of the club, citing five people in regular talks with them.

Exor said then its commitment to Juventus was unchanged and that any suggestion to the contrary was totally without foundation, was misleading and intended only to create uncertainty.


The people added to Reuters that no imminent changes were expected and that any possible decision would only come once there was clarity on the accounting and judicial clouds hanging over the club.

Exor owns around 64% of the shares and 78% of the voting rights in Juventus, which has a market value of around 800 million euros ($858 million), according to Refinitiv data.

According to Il Giornale, Exor believes it could put Juventus up for sale for at least 1.5 billion euros, after taking measures to resolve its accounting issues.


The investigation into Juventus's accounts also triggered separate inquiries by Italy's soccer authorities which eventually cost Juventus a 10-point deduction in the past Serie A season, a 718,000 euro fine and a ban, decided by UEFA, from this season's European competitions.

Juventus has absorbed some 700 million euros in cash from shareholders over the past four years, roughly two thirds of which has come from Exor, in whose portfolio the club is the only major business not currently making money.

($1 = 0.9327 euros)

Reporting by Gavin Jones and Claudia Cristoferi; Additional reporting by Giancarlo Navach; Writing by Giulio Piovaccari; Editing by David Holmes

Sauce: https://www.reuters.com/sports/soccer/juventus-owners-are-considering-selling-club-press-2023-09-11/

 

[GordoDeCentral]

did what? react to rumors that might influence the stock market? there are plenty of those reactions, see juve press releases or reuters archive. they reacted to the office raids, the resignation of the board, to allegations regarding false accounting, the news questioning the legitimacy of the ronaldo sale, etc.

They? We are talking about 'he'

 

[.zero]

It’s the very last line that confirms what we’ve suspected for some time that the club is kept on for sports washing /tax shelter and as some sort of debt vehicle.

 

[s4tch]

They? We are talking about 'he'

badass mentioned exor, that's the post i replied to:

Funny how exor come out to deny story this quicker than any allegation that goes our way

anyway, pointless discussion. press releases are actually easy to track down

 

[Xperd]

 

[s4tch]

now this sounds much more plausible and also reasonable than straight out selling the club

 

[Espectro]

Well there goes hope... there are no more happy days, just days...

 

[.zero]

Soros or Ailes?

 

[Mark]

sell club, change name.

 

[Badass J Elkann]

Get a crowd funding going give it to the fans. But I have to exclude @Lion only because we'd have no attendance

 

[Xperd]

sell club, change name.

Merge JJ and Union

Nothing's separating both these clubs atm

Both love to humiliate and embarass themselves on and off the pitch

 

[.zero]

Merge JJ and Union

Nothing's separating both these clubs atm

Both love to humiliate and embarass themselves on and off the pitch

imagine that universe of a shit show