Giuseppe Marotta (64 Viewers)

[Buck Fuddy]

We had a bigger wage bill then with worse squad results and lower income. So I don't think Tevez/Higuain etc would damage us in the long term to the point of where the squad needs an overhaul...

Why do you think we have been cutting costs wherever possible? And especially in terms of wages.

And why would you think we'd stop that process now & start going the opposite way?

 

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[Vlad]

Why do you think we have been cutting costs wherever possible? And especially in terms of wages.

And why would you think we'd stop that process now & start going the opposite way?

It's much easier to assume Marotta is a cheapskate incapable of bringing quality.

 

[ZoSo]

Why do you think we have been cutting costs wherever possible? And especially in terms of wages.

And why would you think we'd stop that process now & start going the opposite way?

Because top players cost that much, we can't dream that we'll be able to sign a current top player for 10m and 3m wages. So either they pay what is required (not oil club money, but still maybe 5-6m or so a year) or don't even bother pursuing such players.

 

[Cronios]

It's much easier to assume Marotta is a cheapskate incapable of bringing quality.

When we have agreed with a player about his salary, like we did with Higuain, he is willing to join us, his club is willing to sell him to us and for a price lesser than we have commited on Asamoah and Isla,
then yes it safe to assume that...

 

[JuveJay]

When we have agreed with a player about his salary, like we did with Higuain, he is willing to join us, his club is willing to sell hm to us and for a price lesser than we have commited on Asamoah and Isla,
then yes it safe to assume that...

When those things actually happen we'll come back to you.

 

[Buck Fuddy]

It's much easier to assume Marotta is a cheapskate incapable of bringing quality.

It's amusing & surprising at the same time how poorly informed people choose to be at times.

Because top players cost that much, we can't dream that we'll be able to sign a current top player for 10m and 3m wages. So either they pay what is required (not oil club money, but still maybe 5-6m or so a year) or don't even bother pursuing such players.

So you're basically answering the question "what would you like to see happen?" instead of "why do you think we'll adopt a new strategy?"

When we have agreed with a player about his salary, like we did with Higuain, he is willing to join us, his club is willing to sell hm to us and for a price lesser than we have commited on Asamoah and Isla,
then yes it safe to assume that...

Hi Cron! You're still a liar.

 

[Catenaccio]

As far as football clubs go, we are in decent shape. As far as companies in general go - not in great shape (but thats because most big football clubs don't even turn a profit).

These are FY (June year end figures)

FY11 Juve made a NPAT loss of 95m with Revenue of 162
FY12 Juve made an NPAT loss of 49m with Revenue of 194m

Now, FY13? Year to date (only data collected from first 3 quarters), NPAT PROFIT of 14m on Revenue of 210m. Year to date, Revenue is up 47% (or 67m) and NPAT has risen from a loss to a profit by 53m

More than likely, full year FY13 Revenue will be EU266m and NPAT 10m (Q4 typically seasonally weak).

For reference, Juve used to spend around 150m on wages in 2012.

In terms of FFP, Juve have zero worries because they also look at the trajectory of improvement in accounts and in that case Juve looks stellar and on track to make a profit this financial year.

So yes, we do have the capacity on wages! But in terms of debts etc, Total Debt was EU170m versus book equity of only EU78m. That is highly geared balance sheet. Presumabley, on of Agnelli's affiliate companies is providing Juve with relatively low cost financing and willing to roll over the debt once it matures.

 

[ZoSo]

So you're basically answering the question "what would you like to see happen?" instead of "why do you think we'll adopt a new strategy?"

What I said goes hand in hand with a 'new strategy'. There is not even a 'new strategy', either we cough up the cash for a top player or don't go around proclaiming we're interested in so and so but have 0 intention to buy or hope to get the player for half price just because. It's part of the whole strategy of building a squad that can compete on all levels.

 

[Cronios]

It's amusing & surprising at the same time how poorly informed people choose to be at times.




So you're basically answering the question "what would you like to see happen?" instead of "why do you think we'll adopt a new strategy?"




Hi Cron! You're still a liar.

It was the player that publically declared and the football sites and newspapers that wrote in articles, not me...

 

[Vlad]

As far as football clubs go, we are in decent shape. As far as companies in general go - not in great shape (but thats because most big football clubs don't even turn a profit).

These are FY (June year end figures)

FY11 Juve made a NPAT loss of 95m with Revenue of 162
FY12 Juve made an NPAT loss of 49m with Revenue of 194m

Now, FY13? Year to date (only data collected from first 3 quarters), NPAT PROFIT of 14m on Revenue of 210m. Year to date, Revenue is up 47% (or 67m) and NPAT has risen from a loss to a profit by 53m

More than likely, full year FY13 Revenue will be EU266m and NPAT 10m (Q4 typically seasonally weak).

For reference, Juve used to spend around 150m on wages in 2012.

In terms of FFP, Juve have zero worries because they also look at the trajectory of improvement in accounts and in that case Juve looks stellar and on track to make a profit this financial year.

So yes, we do have the capacity on wages! But in terms of debts etc, Total Debt was EU170m versus book equity of only EU78m. That is highly geared balance sheet. Presumabley, on of Agnelli's affiliate companies is providing Juve with relatively low cost financing and willing to roll over the debt once it matures.

Yes. I believe we refinance some of our debt each year. I'm taking into consideration part of short term liabilities here, loans from banks and other financial institutions. They are expected to be returned in a year. And it's evident our cash flow can't settle them in that period. Our short term assets cover only 25-30% of overall short term liabilities and it's very big liquidity risk. Basically on every single euro that will enter into clubs accounts within a year we spend three times as much.
And it's indeed some of the affiliates as financial expenses (interests) are 4.7M mere 3% of our net debt. They've been keeping us afloat for years.

 

[Hydde]

I think this is our plan to be sincere:

1-We will try to land ANYONE, depending on the opportunity. We dont have a clear objective.
Its true that Conte demanded this and that, but im sure as hell that marotta and the board are like "if we can sign a top dude, we do it on our terms, if not, it doesnt matter and we sign another anelka just for the sake of it, in the end we got llorente and we can work with what we have. Sorry about Conte".

Their "top player" talk is just a lie to apppease the masses during the mercato, to not have fans and media up in their azz the whole time.....and if everything fails, they will deliver the "bendner signing" blow swift and fast and the "we already have champions in our team" speech.

2-Since we are handtied with all this finances issue....its safe to say that we will not go overboard with 25+ 30 mils signing. It will just not happen.... and our only way to do that would be to include matri and quags in deals... which will , obviously, not happen either.

3-Which leads us to point 3. Since we will not be able to sell Matri and quags on our terms.... im pretty sure that the board is seriously trying to figure ways to use them together with Llorente.
Lets be real....this kind of forwards always end in the twilight zone for us:
-They are too expensive for the lesser italian teams, who are more likely interested in loans and co-owns from us. The era of great italiam teams is just gone now.
-They are simply too average for the international market...and since they are all italians... they dont wanna leave italy and big teams dont want our crap. As harsh as it sounds is like that.

In summary, All this led me to believe that we will simply not spend big this mercato either.... in fact..we will not get involved in any big signing aggresivvely until we do one or 2 more good CL runs.

 

[napoleonic]

selling quaq and matri to the likes of milan, roma, inter and napoli for combined 10-15m (mean 5-7.5m each) is and should be do able

 

[alexjuventino]

Let his contract run out, I dont see any significant improvement this summer, and we arent getting this top striker in the way he works

 

[Zacheryah]

Let his contract run out, I dont see any significant improvement this summer, and we arent getting this top striker in the way he works

You mean, in the way our economic state doesnt allow

 

[j0ker]

You mean, in the way our economic state doesnt allow

You were conviced we can sign two strikers this seasion, what happened?

 

[Zacheryah]

You were conviced we can sign two strikers this seasion, what happened?

Juventus decision on the continessa project, wich took 11.7mil liquid cash, something we are allways short of.

Its kind of big deal

 

[Fr3sh]

Let his contract run out, I dont see any significant improvement this summer, and we arent getting this top striker in the way he works

Hopefully he can secure his old job back at Sampdoria.

 

[Xperd]

Juventus decision on the continessa project, wich took 11.7mil liquid cash, something we are allways short of.

Ofcourse we trust u and this is a FACT ,since afterall u attend board meetings regularly.

 

[only-juve]

I think this is our plan to be sincere:

1-We will try to land ANYONE, depending on the opportunity. We dont have a clear objective.
Its true that Conte demanded this and that, but im sure as hell that marotta and the board are like "if we can sign a top dude, we do it on our terms, if not, it doesnt matter and we sign another anelka just for the sake of it, in the end we got llorente and we can work with what we have. Sorry about Conte".

Their "top player" talk is just a lie to apppease the masses during the mercato, to not have fans and media up in their azz the whole time.....and if everything fails, they will deliver the "bendner signing" blow swift and fast and the "we already have champions in our team" speech.

2-Since we are handtied with all this finances issue....its safe to say that we will not go overboard with 25+ 30 mils signing. It will just not happen.... and our only way to do that would be to include matri and quags in deals... which will , obviously, not happen either.

3-Which leads us to point 3. Since we will not be able to sell Matri and quags on our terms.... im pretty sure that the board is seriously trying to figure ways to use them together with Llorente.
Lets be real....this kind of forwards always end in the twilight zone for us:
-They are too expensive for the lesser italian teams, who are more likely interested in loans and co-owns from us. The era of great italiam teams is just gone now.
-They are simply too average for the international market...and since they are all italians... they dont wanna leave italy and big teams dont want our crap. As harsh as it sounds is like that.

In summary, All this led me to believe that we will simply not spend big this mercato either.... in fact..we will not get involved in any big signing aggresivvely until we do one or 2 more good CL runs.

Pretty good and realistic post

In summary what you're saying is, Marotta got us to this fucked up situation.

You don't sign players for the sake of buying only! When you buy a serie A based player for 18 mil (Matri), 15 (Quag), 12 mil (Martinez) or 15 mil (Vucinic) you should know in advanced that if they don't impress enough, Italian clubs would hardly even pay "half" of that price !

That's exactly the situation we were in when we signed Melo for that crazy fee.

 

[Shixian]

I think Marotta will shock us with a transfer like El Shaarawy