i´m not a financial expert but for me this article makes perfect sense: http://www.calcioefinanza.it/2016/07/15/higuain-juve-senza-vendere-bonucci-pogba/
google translate:
can anyone confirm the calculations?
google translate:
Higuain to Juventus Bonucci without selling or Pogba. Numbers in hand you can do
In the last 24 hours we have become increasingly insistent rumors that would see Gonzalo Higuain increasingly close to Juventus . The company's president Andrea Agnelli, strong fact of an agreement in principle with the player for a four-year from 7.5 million per season, would be willing to deal with Napoli for its sale (also at stake players as Pereyra and Sturaro, that much They like Sarri) and, if De Laurentiis did not want to sit around a table to negotiate, even completely pay out the amount of the termination clause amounted to 94 million Euro .
A monstrous figure , given that the parties of Corso Galileo Ferraris in recent times the purchase more expensive was to Paulo Dybala : 32,000,000 + 8 bonus . This figure, paid out about a year ago from Juventus, already seemed to be something difficult "financed" and "sustainable", but his young age and his immense talent had convinced the CEO Marotta to focus on the Argentine star.
A few weeks ago, Juventus had also honored another clause important, namely that of Miralem Pjanic : Bosnian, arrived from Rome for 32 million , seemed to be the only effort of this campaign Juventus purchases up to this time already much more than exciting .
In the Thursday night the news that Marotta & co were willing to pay the whole of the termination clause hangnail had made ​​her jump off the chair all the experts: can a coup like that worthy of the best sci-market?
In the minds of the fans instead the suggestion he could blow Higuain to Napoli has now given way to another consideration: the assignment of a big shot as Pogba or Leonardo Bonucci .
Already for several weeks it is in fact known the interests of Real Madrid for the French and the Manchester City for the Italian: the fact that Juve try in a decisive manner to take Higuain means that one of the "totem" is leaving?
Apparently it would seem not.
Table 1: Summary of input market operations
Improved input purchases of the aforementioned Pjanic , of Dani Alves and Benatia (accompanied by the redemption of Lemina and the insertion already in January of Mandragora), Juventus would find at the moment with a budget " weighted " by about 37 million compared to the previous season.
Wanting to enter into organic Higuain , the only termination clause to be amortized and about 7.5 million euros per year that the Argentine would receive would be enough to double the expense that the Bianconeri will have to account for in 2016/2017, a total of around 75 million in more than last year.
Table 2: Summary of market operations Output
Outgoing rather the exercise of the right of recompra Real Madrid for Morata brought cash for 30 million euros and a capital gain in the income statement of approximately 16.7 million . This data combined depreciation and saved the assignment, they have " eased " the budget of about 25 million in a single operation. Lost Cuadrado (end of loan), sold Padoin at Cagliari and Coman again in two year loan at Bayern Monaco, the non-renewal of Caceres and Rubinho have accompanied the outbound market hitherto performed by Juventus. Total: 44 million euros saved .
With Pereyra closer to Naples (and possible compensation technique) and Zaza that ended by the arrival of Higuain would be diverted to Wolfsburg, Juventus as well as having 43 million of available funds more (needed to pay the installments and the Argentine do not go to the cash deficit), it would improve by about 75 million Euro altogether its own budget.
So, logically, buying Higuain will be financed only through the sales . However, at least at the moment, it seems unnecessary the sacrifices of the "big" Pogba and Bonucci.
In the last 24 hours we have become increasingly insistent rumors that would see Gonzalo Higuain increasingly close to Juventus . The company's president Andrea Agnelli, strong fact of an agreement in principle with the player for a four-year from 7.5 million per season, would be willing to deal with Napoli for its sale (also at stake players as Pereyra and Sturaro, that much They like Sarri) and, if De Laurentiis did not want to sit around a table to negotiate, even completely pay out the amount of the termination clause amounted to 94 million Euro .
A monstrous figure , given that the parties of Corso Galileo Ferraris in recent times the purchase more expensive was to Paulo Dybala : 32,000,000 + 8 bonus . This figure, paid out about a year ago from Juventus, already seemed to be something difficult "financed" and "sustainable", but his young age and his immense talent had convinced the CEO Marotta to focus on the Argentine star.
A few weeks ago, Juventus had also honored another clause important, namely that of Miralem Pjanic : Bosnian, arrived from Rome for 32 million , seemed to be the only effort of this campaign Juventus purchases up to this time already much more than exciting .
In the Thursday night the news that Marotta & co were willing to pay the whole of the termination clause hangnail had made ​​her jump off the chair all the experts: can a coup like that worthy of the best sci-market?
In the minds of the fans instead the suggestion he could blow Higuain to Napoli has now given way to another consideration: the assignment of a big shot as Pogba or Leonardo Bonucci .
Already for several weeks it is in fact known the interests of Real Madrid for the French and the Manchester City for the Italian: the fact that Juve try in a decisive manner to take Higuain means that one of the "totem" is leaving?
Apparently it would seem not.
Table 1: Summary of input market operations
Improved input purchases of the aforementioned Pjanic , of Dani Alves and Benatia (accompanied by the redemption of Lemina and the insertion already in January of Mandragora), Juventus would find at the moment with a budget " weighted " by about 37 million compared to the previous season.
Wanting to enter into organic Higuain , the only termination clause to be amortized and about 7.5 million euros per year that the Argentine would receive would be enough to double the expense that the Bianconeri will have to account for in 2016/2017, a total of around 75 million in more than last year.
Table 2: Summary of market operations Output
Outgoing rather the exercise of the right of recompra Real Madrid for Morata brought cash for 30 million euros and a capital gain in the income statement of approximately 16.7 million . This data combined depreciation and saved the assignment, they have " eased " the budget of about 25 million in a single operation. Lost Cuadrado (end of loan), sold Padoin at Cagliari and Coman again in two year loan at Bayern Monaco, the non-renewal of Caceres and Rubinho have accompanied the outbound market hitherto performed by Juventus. Total: 44 million euros saved .
With Pereyra closer to Naples (and possible compensation technique) and Zaza that ended by the arrival of Higuain would be diverted to Wolfsburg, Juventus as well as having 43 million of available funds more (needed to pay the installments and the Argentine do not go to the cash deficit), it would improve by about 75 million Euro altogether its own budget.
So, logically, buying Higuain will be financed only through the sales . However, at least at the moment, it seems unnecessary the sacrifices of the "big" Pogba and Bonucci.
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