Not James as he's way too expensive but players like Kovacic,Lucas Vazquez maybe even Danilo(@juventino320 
) we'd be monitoring.
) we'd be monitoring.
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Endless Summer Mercato 2016 (58 Viewers)
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Kovacic is someone I can actually see us getting too.
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Not James as he's way too expensive but players like Kovacic,Lucas Vazquez maybe even Danilo(@juventino320 ) we'd be monitoring.
) we'd be monitoring.
If you sign a guy like James, you get 6 years of world class ability, and assuming you give him a long contract, it definitely pays off.
Kovacic would be interesting but I'm not sure if we need him. You won't place him as AM and DM is out of question too. B2B most probably but we have a lot of players there, someone has to be sold.
Danilo would be dope but I don't think they will sell even if he sits on the bench now.
James is simply too unrealistic. We could buy him I guess but he doesn't lie in 'opportunity' category.
Danilo would be dope but I don't think they will sell even if he sits on the bench now.
James is simply too unrealistic. We could buy him I guess but he doesn't lie in 'opportunity' category.
I don't think he is worth €80 million anymore. First of all, for FFP purposes, his book value is ~€53 million after 2 years of depreciation, so to "break even", they need €53 million. There is no doubt in my mind that it is something we can afford, but it needs to be a good deal. For €53 million, payable in installments, it could be very manageable.
Also, we pay frees like Khedira 4mm, with our revenue growth, there is definitely the ability to pay an elite player €5 million. Also, with James you literally get the whole country of Colombia behind you. There is certainly a commercial windfall from obtaining a player like James.
Also, we pay frees like Khedira 4mm, with our revenue growth, there is definitely the ability to pay an elite player €5 million. Also, with James you literally get the whole country of Colombia behind you. There is certainly a commercial windfall from obtaining a player like James.
I disagree. I've looked at Juventus' balance sheet (I analyze companies for a living), and cash flow. It can support a big money purchase. The question is price. But, financially, the company is able to. I do not think we're priced out. If he goes for 70, sure, it's probably high. But if the price is closer to 50, and there are factors like the will of the player, we definitely could be in the running.
Is it my base case? no. But do I think it is possible? certainly! And do I think we can afford it? Yes!
Is it my base case? no. But do I think it is possible? certainly! And do I think we can afford it? Yes!
Juventus will “negotiate with Real Madrid for Alvaro Morata and other situations,” while Beppe Marotta gave updates on Juan Cuadrado, Isco, Leonardo Bonucci and Andre Gomes.
The Bianconeri director general sat down with Mediaset Premium to discuss their transfer strategy after winning a fifth consecutive Scudetto.
“For Morata’s future we have to wait for the outcome of tonight’s Champions League semi-final between Manchester City and Real Madrid.
“Within the next three weeks, we need to reach a definitive agreement. If it’s positive, we’ll be happy, if it’s negative then we have to evaluate new operations.
“He is valued at a few dozen million Euros, but I don’t want to talk about figures because we’ll talk in a wider context that could include other situations too.”
The Merengues have a buy-back clause for Morata, but is there truth in suggestions Juve could get Isco as part of a deal?
“Isco is an excellent player, but I think they will want to hold on very tight to him.”
There is a similar situation in place with Chelsea and Cuadrado, who is on loan without an option to buy.
“We will soon set an appointment with Chelsea to understand their intentions regarding Cuadrado.”
Players linked with Juve this summer include Andre Gomes of Valencia and Monaco’s Bernardo Silva.
“Gomes is an important player with potential and would suit a top club. Bernardo Silva is versatile and has important qualities, but we never negotiated for him. Having said all that, it’s still early days.”
Bonucci was praised by Manchester City’s next Coach Pep Guardiola and has a strong bond with Antonio Conte, but a move to England is highly unlikely.
“Bonucci is a marvellous player and I think he intends to play in Turin for many more years. He arrived under the radar, but today is a leader after earning an important role in the team. For a side that is aiming for big objectives, players like him are fundamental.”
Max Allegri had been a prime candidate for the Chelsea job, which eventually went to Conte, but has committed his future to Juventus.
“Signing the contract is a formality,” continued Marotta. “His deal is set to expire in 2017 and we want to extend it by at least a year.
“There is a daily rapport with him based on transparency and honesty. We never even suspected he would leave.
“This era will come to an end, but we are starting our third year with him. It’s natural to accept the rapport will continue.”
The Bianconeri director general sat down with Mediaset Premium to discuss their transfer strategy after winning a fifth consecutive Scudetto.
“For Morata’s future we have to wait for the outcome of tonight’s Champions League semi-final between Manchester City and Real Madrid.
“Within the next three weeks, we need to reach a definitive agreement. If it’s positive, we’ll be happy, if it’s negative then we have to evaluate new operations.
“He is valued at a few dozen million Euros, but I don’t want to talk about figures because we’ll talk in a wider context that could include other situations too.”
The Merengues have a buy-back clause for Morata, but is there truth in suggestions Juve could get Isco as part of a deal?
“Isco is an excellent player, but I think they will want to hold on very tight to him.”
There is a similar situation in place with Chelsea and Cuadrado, who is on loan without an option to buy.
“We will soon set an appointment with Chelsea to understand their intentions regarding Cuadrado.”
Players linked with Juve this summer include Andre Gomes of Valencia and Monaco’s Bernardo Silva.
“Gomes is an important player with potential and would suit a top club. Bernardo Silva is versatile and has important qualities, but we never negotiated for him. Having said all that, it’s still early days.”
Bonucci was praised by Manchester City’s next Coach Pep Guardiola and has a strong bond with Antonio Conte, but a move to England is highly unlikely.
“Bonucci is a marvellous player and I think he intends to play in Turin for many more years. He arrived under the radar, but today is a leader after earning an important role in the team. For a side that is aiming for big objectives, players like him are fundamental.”
Max Allegri had been a prime candidate for the Chelsea job, which eventually went to Conte, but has committed his future to Juventus.
“Signing the contract is a formality,” continued Marotta. “His deal is set to expire in 2017 and we want to extend it by at least a year.
“There is a daily rapport with him based on transparency and honesty. We never even suspected he would leave.
“This era will come to an end, but we are starting our third year with him. It’s natural to accept the rapport will continue.”
Not James as he's way too expensive but players like Kovacic,Lucas Vazquez maybe even Danilo(@juventino320 ) we'd be monitoring.
) we'd be monitoring.
Options are always there, and i think we need to get out with morata deal with less damage, cash is not our problem we need players.
( james,isco and danilo) are good alternative options but mostly i find danilo the closest to us and james is a big burden on our books.
So for the last 12 month period, we generated approx. 112.3M in EBITDA (earnings before interest, D&A, taxes, etc). That is up from 85 million last year, or 32%. Our Net Debt to EBITDA ratio was 2.26x, it is now 1.79x. That gives us almost 50M in borrowing potential to keep a flat ratio. There is some capacity to increase debt. You just want to keep it manageable, and frankly 2.26x is a fairly low ratio. Some companies are as high as 8x, but these are much more risky companies.
On a Free Cash Flow basis (Operating Profit less investment), we're generating ~103.5 EUR million in Operating profit after interest. In the next year, there will be ~33.8 million that will need to be collected from teams, while we'll need to pay out 72 million. The personal cost as a % of revenue has dropped 3%, and now is lower than 50% (~49%), which is Real Madrid's model.
At this point, a basic cash number has us generating ~65 million in cash. An expenditure for a player is usually spread over a period, so with 65 million in cash and ~50 million in extra debt capacity, there is certainly enough funds to make a large purchase and many support purchases. Juventus generated ~396 million in revenues from December 2015, which is almost 2x the amount that we generated in 2011/2012 (204 million)
Financially, the team isn't not competitive. We have the balance sheet capacity, and earnings power to make a real splash in the transfer market.
I figured instead of making declarations, it would be more convincing if I backed it up.
In fact, the team only generates ~80 million less than Bayern, and we're not paying Pep (~20 million pounds)
On a Free Cash Flow basis (Operating Profit less investment), we're generating ~103.5 EUR million in Operating profit after interest. In the next year, there will be ~33.8 million that will need to be collected from teams, while we'll need to pay out 72 million. The personal cost as a % of revenue has dropped 3%, and now is lower than 50% (~49%), which is Real Madrid's model.
At this point, a basic cash number has us generating ~65 million in cash. An expenditure for a player is usually spread over a period, so with 65 million in cash and ~50 million in extra debt capacity, there is certainly enough funds to make a large purchase and many support purchases. Juventus generated ~396 million in revenues from December 2015, which is almost 2x the amount that we generated in 2011/2012 (204 million)
Financially, the team isn't not competitive. We have the balance sheet capacity, and earnings power to make a real splash in the transfer market.
I figured instead of making declarations, it would be more convincing if I backed it up.
In fact, the team only generates ~80 million less than Bayern, and we're not paying Pep (~20 million pounds)
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