KPMG concludes that Juventus’ will earn over €85 Million per year from Ronaldo’s transfer through various methods.
http://www.goal.com/en-gb/news/the-...on-italian-football/13zuvnx7vsrm5z1qmdu6ddl61
http://www.goal.com/en-gb/news/the-...on-italian-football/13zuvnx7vsrm5z1qmdu6ddl61
Verona adopts anti-terrorism measures to receive Juventus and Ronaldo
Italian club debut in the league this Saturday against Chievo.
The city of Verona will take extraordinary measures on Saturday, when Juventus visit Chievo on the opening day of the Italian championship. The presence of Cristiano Ronaldo in the formation 'Bianconera' leaves foresee a real flood and the autarchy is worried about possible incidents. That is why anti-terrorism procedures will be adopted and the police contingent will be strengthened. "The game will be of global importance and there will be anti-terrorism units on the streets," Verona's deputy mayor Angelo Sidoti told the Italian press.
In addition to the many expected supporters, the meeting will be widely publicized, as it is expected that journalists from all over the world will arrive in the city for the match that marks Cristiano Ronaldo's official debut for Juve. The world will, therefore, be looking out for Verona and the authorities do not want to be surprised. The traffic will be conditioned and strong security measures will be adopted, especially near the stadium. Authorities advise the 30,000 fans who have tickets to travel to the venue on foot.
http://www.cmjornal.pt/desporto/det...o-para-receber-a-juventus-e-cristiano-ronaldo
Italian club debut in the league this Saturday against Chievo.
The city of Verona will take extraordinary measures on Saturday, when Juventus visit Chievo on the opening day of the Italian championship. The presence of Cristiano Ronaldo in the formation 'Bianconera' leaves foresee a real flood and the autarchy is worried about possible incidents. That is why anti-terrorism procedures will be adopted and the police contingent will be strengthened. "The game will be of global importance and there will be anti-terrorism units on the streets," Verona's deputy mayor Angelo Sidoti told the Italian press.
In addition to the many expected supporters, the meeting will be widely publicized, as it is expected that journalists from all over the world will arrive in the city for the match that marks Cristiano Ronaldo's official debut for Juve. The world will, therefore, be looking out for Verona and the authorities do not want to be surprised. The traffic will be conditioned and strong security measures will be adopted, especially near the stadium. Authorities advise the 30,000 fans who have tickets to travel to the venue on foot.
http://www.cmjornal.pt/desporto/det...o-para-receber-a-juventus-e-cristiano-ronaldo
Investment cost analysis and UEFA FFP implications
Juventus FC’s official statement reports that the total fee for Ronaldo’s acquisition was EUR 117 million: EUR 100 million for the transfer fee (payable in two financial years), plus EUR 5 million to be paid out as FIFA solidarity payments, and EUR 12 million of additional charges owed to agent Jorge Mendes. The Portuguese superstar penned a 4-year deal, which makes the annual amortization of the transfer fee, spread over the duration of the contract, EUR 29.25 million. Finally, the Bianconeri committed to pay a reported net salary of EUR 30 million, resulting in a total gross annual wage cost borne by the club of approximately EUR 55-56 million. Looking at the latest available financial statement as of 30 June 2017, Ronaldo’s wage cost would represent around 21% of Juventus' total staff costs (EUR 262 million). Based on the previous calculations, the annual financial impact that the acquisition of Cristiano Ronaldo will have on Juventus FC’s accounts is around EUR 85 million, or EUR 340 million over the 4-year contract period.
In order to be compliant with UEFA FFP Regulations, Juventus FC need to abide by some specific rules. One of the most stringent ones is the “break-even” rule, which requires them to report a maximum accumulated loss of EUR 30 million over the course of the three latest financial years. As mentioned above, Ronaldo’s acquisition certainly represents a heavy burden to the income statement of Juventus FC, something that could jeopardize the respect of such a requirement. However, the club can count on a positive net result of EUR 42 million registered in the 2016/17 season, less the likely loss of 2017/18, to mitigate the effects of Cristiano Ronaldo’s acquisition over the net result of the 2018/19 season, the first one in which such effects will be visible. In addition to that, according to a new UEFA FFP requirement, clubs need to register a maximum negative balance of EUR 100 million between acquisitions and disposals of players in a specific season. This is why there is an expectation that Juventus FC sell one or two players in order to meet such requirement
Juventus FC’s official statement reports that the total fee for Ronaldo’s acquisition was EUR 117 million: EUR 100 million for the transfer fee (payable in two financial years), plus EUR 5 million to be paid out as FIFA solidarity payments, and EUR 12 million of additional charges owed to agent Jorge Mendes. The Portuguese superstar penned a 4-year deal, which makes the annual amortization of the transfer fee, spread over the duration of the contract, EUR 29.25 million. Finally, the Bianconeri committed to pay a reported net salary of EUR 30 million, resulting in a total gross annual wage cost borne by the club of approximately EUR 55-56 million. Looking at the latest available financial statement as of 30 June 2017, Ronaldo’s wage cost would represent around 21% of Juventus' total staff costs (EUR 262 million). Based on the previous calculations, the annual financial impact that the acquisition of Cristiano Ronaldo will have on Juventus FC’s accounts is around EUR 85 million, or EUR 340 million over the 4-year contract period.
In order to be compliant with UEFA FFP Regulations, Juventus FC need to abide by some specific rules. One of the most stringent ones is the “break-even” rule, which requires them to report a maximum accumulated loss of EUR 30 million over the course of the three latest financial years. As mentioned above, Ronaldo’s acquisition certainly represents a heavy burden to the income statement of Juventus FC, something that could jeopardize the respect of such a requirement. However, the club can count on a positive net result of EUR 42 million registered in the 2016/17 season, less the likely loss of 2017/18, to mitigate the effects of Cristiano Ronaldo’s acquisition over the net result of the 2018/19 season, the first one in which such effects will be visible. In addition to that, according to a new UEFA FFP requirement, clubs need to register a maximum negative balance of EUR 100 million between acquisitions and disposals of players in a specific season. This is why there is an expectation that Juventus FC sell one or two players in order to meet such requirement
La Liga chief Javier Tebas has accused Inter of 'having no money’ and using 'tricks’ to bring in players.
Inter have signed several players on loan with options to buys this summer, among them Matteo Politano and Keita Balde Diao, prompting Tebas to put them in the same boat as two of his pet hates Paris Saint-Germain and Manchester City.
“Even though great Coaches like Mourinho and Guardiola went away, La Liga continued to grow,” he told ABC.
“It’s clear that I’d have liked to keep Cristiano Ronaldo, but I’d have liked players such as Lewandowski to arrive too.
“However, we should ask ourselves why there are 'club-states’ inflating the market by taking away players.
“Things don’t happen just because we make mistakes, but I don’t think this is the case, but other clubs things have happened, which shouldn’t happen.
“I’m not only referring to PSG but also Juventus with the signing of Ronaldo and Inter, who have no money to buy players but then offer a mountain of money, the source of which I don’t know.
“Tricks in the market? As for Juve I don’t know. We’ll have to see how their deal [for Ronaldo] pans out, but Inter’s offer for Modric hid some tricks.
“The PSG-Neymar issue was also rigged. PSG are a club of 'just tricks’ like Manchester City, and this generates circumstances that destabilise the market and media.”
What a butthurt tool
Inter have signed several players on loan with options to buys this summer, among them Matteo Politano and Keita Balde Diao, prompting Tebas to put them in the same boat as two of his pet hates Paris Saint-Germain and Manchester City.
“Even though great Coaches like Mourinho and Guardiola went away, La Liga continued to grow,” he told ABC.
“It’s clear that I’d have liked to keep Cristiano Ronaldo, but I’d have liked players such as Lewandowski to arrive too.
“However, we should ask ourselves why there are 'club-states’ inflating the market by taking away players.
“Things don’t happen just because we make mistakes, but I don’t think this is the case, but other clubs things have happened, which shouldn’t happen.
“I’m not only referring to PSG but also Juventus with the signing of Ronaldo and Inter, who have no money to buy players but then offer a mountain of money, the source of which I don’t know.
“Tricks in the market? As for Juve I don’t know. We’ll have to see how their deal [for Ronaldo] pans out, but Inter’s offer for Modric hid some tricks.
“The PSG-Neymar issue was also rigged. PSG are a club of 'just tricks’ like Manchester City, and this generates circumstances that destabilise the market and media.”
What a butthurt tool