Directors approve Interim Management Statements (4 Viewers)

[Marty]

The Board of Directors of Juventus Football Club S.p.A., which met in Turin today chaired by Andrea Agnelli, has approved the Interim Management Statements at 30 September 2012.
The first quarter of 2012/2013 confirmed the trend of a sharp improvement in the Company's economic results:
- the loss, totalling € 11.6 million, was half of the loss of € 26.1 million of the first quarter of 2011/2012;
- revenues, totalling € 54.6 million, were up 62.1% compared to € 33.7 million for the same period of last year;
- operating costs, totalling € 49.3 million, despite an increase of € 4.3 million compared to the figure for the first quarter of 2011/2012, increased at much lower rate (around +9.5%) than revenues.
Read the full press release


Source: Juventus.com

 

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[swag]

Now this is the kinda news that makes me wet.

 

[JuveJay]

On the road to domination.

 

[Nzoric]

Marotta

 

[JuveJay]

Marotta

If he's taking the blame for all sporting negatives then he's taking credit for all financial positives

 

[TheLaz]

Is there a chance we'll increase our transfer budget for january or do you think Marotta is in control of his finances and calculated a possible 20m € signing?

 

[Nzoric]

If he's taking the blame for all sporting negatives then he's taking credit for all financial positives

And the sporting negatives have really been staggering thus far.

 

[Ahmed]

Is there a chance we'll increase our transfer budget for january or do you think Marotta is in control of his finances and calculated a possible 20m € signing?

if the opportunity is there then I am sure they will go for it.

 

[Paid-off-Ref]

Get this, we made more than 4,7 million euros from non-matchday activities (stadium tours, museum etc.) at the stadium this quarter. For the year, if the trend continues, it should amount around 19 million. That is 60% more than we made from ticket sales in the 2010-2011 season!

 

[LiquidPLP]

Great news. As long as other teams don't build their own stadiums the gap between us and the rest of Serie A will be increasing. I guess those figures aren't enough to compete with Europe's biggest but we're getting closer I believe.