[ITA] Serie A 2011/2012 (38 Viewers)

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Hust

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Hustini
May 29, 2005
93,703
Palermo close on €200m Arab investment
By Football Italia staff

Palermo President Maurizio Zamparini has announced he is working towards Arab investment, including “€200m for players and a new stadium.”

The patron had stated he was looking into selling shares of the club to new investors in the Middle East and held a press conference today.

“Some friends have invited me to Dubai, as they are doing some business operations in our country that requires foreign capital,” explained Zamparini.

“I found people who are very similar to the Sicilians, who give more importance to heart and sentiments than anything else. I talked to them about Palermo’s football and I hope they’ll want to enter this world.”

Ama Group member Ahmub Zubeidi was also at the press conference and spoke about their plans.

“The objective is to bring business worth millions over the next five years. The second is to find investors for Palermo so within three years we can bring substantial help to win the Scudetto.
:lol:
“There will be investments on Palermo worth €100m-€200m for players and a new stadium over three years.

“On March 15 we should be ready to lay out a three to five year plan so we can begin talks with potential investors.”
 
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Dostoevsky

Dostoevsky

Tzu
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May 27, 2007
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  • Thread Starter #15,289
    If City win the league this season then it is possible that Palermo would win a Scudetti in three years time if they receive a similar investment.
    City's investment was a looot higher, but yeah, I don't think it's funny because for 200mln and good transfers it could end up great.
     

    Hust

    Senior Member
    Hustini
    May 29, 2005
    93,703
    If City win the league this season then it is possible that Palermo would win a Scudetti in three years time if they receive a similar investment.
    They don't have a stadium as big as what City have either. That drives up their income as well don't forget, not to mention City's money doesn't stop at 100-200m...it keeps going.

    So no, Palermo won't win the Schudetto in the next 3-4 years like that baffoon thinks.
     

    Hust

    Senior Member
    Hustini
    May 29, 2005
    93,703
    with €200m they could definitely make a run for it.
    No, not really. 100-120m of that would have to go to building the new stadium, etc. The rest would be for transfers yes, but they also have to have the money in wages (not just transfers).

    Think about how much we have invested IN THE WRONG PLAYERS over the last 3 years PLUS their wages...and we haven't won shit.

    I can promise you, 100-200m will not win them any silverware, maybe a Coppa Italia at the most.
     

    JCK

    Biased
    JCK
    May 11, 2004
    125,393
    City's investment was a looot higher, but yeah, I don't think it's funny because for 200mln and good transfers it could end up great.
    But for Serie A you don't need a big budget as for the EPL, we all know that the EPL is a richer league with much higher wages.
     

    JuveJay

    Senior Signor
    Moderator
    Mar 6, 2007
    74,999
    He said €100m-€200m anyway, just throwing numbers into the air. Say it is €200m, it still doesn't come close to someone like Man City or PSG. City have an annual wage bill of close to €200m.
     

    JCK

    Biased
    JCK
    May 11, 2004
    125,393
    They don't have a stadium as big as what City have either. That drives up their income as well don't forget, not to mention City's money doesn't stop at 100-200m...it keeps going.

    So no, Palermo won't win the Schudetto in the next 3-4 years like that baffoon thinks.
    Their stadium can take in 36000, almost as big as our new stadium, with some tuning it might become really good.
     

    JuveJay

    Senior Signor
    Moderator
    Mar 6, 2007
    74,999
    Even if they spend €50m a year on players, €80m on a 40,000-50,000 seater stadium (of which they'd get a fair amount back in sponsorship, corporate events, concerts etc), it'll make them a much stronger team and club. It's not having that initial outlay that kills the ambition of clubs, they are constantly having to ship players in cheaply and sell the best ones to keep the club ticking over. If they could afford more in wages and constantly compete for the CL then it changes the philosophy of the club.
     

    Lion

    King of Tuz
    Jan 24, 2007
    36,185
    But for Serie A you don't need a big budget as for the EPL, we all know that the EPL is a richer league with much higher wages.
    you have to account taxes. you are not just paying 3 m a year in wages to a player, you are paying 6 million.

    that can easily add up when you start getting ambitious and want to lure good, established players in.
     

    Hust

    Senior Member
    Hustini
    May 29, 2005
    93,703
    you have to account taxes. you are not just paying 3 m a year in wages to a player, you are paying 6 million.

    that can easily add up when you start getting ambitious and want to lure good, established players in.
    Not to mention, players that start getting impatient and not winning and have the biggest clubs in Europe knocking at the door interested in the players, it begins to unsettle them.

    If, forwhatever reason, they were able to attract some star players, it's REALLY going to cost them in wages, let me explain:

    If I was a WC player, that could walk into any club in the world and had to choose between, let's say Palermo and Barcelona:)D), I would rather take a 6m contract and go to Barca with the chances of actually winning a title MUCH MUCH higher over an 8m contract for Palermo with MUCH MUCH lower chances of winning a title. I'd still be getting a great wage BUT with the guarantee of competing for 1-2 titles a year, while Palermo are just "trying" to win the league.

    It would take HUGE contract offer to convince a player to play in Palermo with no guarantees.

    Not to mention, clubs like RM or Barca or United have incentive bonuses that they can shell out to their players for winning trophies, something Palermo can't do...even with 100-200m investmented.
     
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