Some interesting information. Wasn't sure where to post it.
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Board of Directors approves figures for 1st quarter of 09/10
The Board of Directors of Juventus Football Club S.p.A. today approved the results for the first quarter of the 2009/2010 financial year (July-September 2009). Revenues amounted to € 64.9 million, an increase of 12.7% compared to € 57.6 million in the first quarter of the previous financial year, mainly due to the higher revenues from television and radio rights recorded following the higher number of home Championship games played in the quarter. Operating Costs amounted to € 48.4 million, an increase of 6.4% compared to € 45.5 million in the corresponding period of the previous financial year, mainly due to higher mutuality costs related to television rights. The Operating Result was positive for € 7.7 million, against the positive balance of € 4.7 million at 30 September 2008, due to the higher growth of revenues compared to operating costs. The first quarter of the 2009/2010 financial year closed with a positive Net Result of € 5.6 million, against the positive balance of € 3.1 million in the same period of the previous financial year. Shareholders’ Equity at 30 September 2009 was € 107.4 million, an increase compared to € 101.8 million at 30 June 2009 due mainly to the result for the period. The Net Financial Position at 30 September 2009 was positive for € 5.9 million, a decrease compared to the positive balance of € 25.6 million at 30 June 2009, due to the cash flows of the period following the operations of the Transfer Campaign first phase.
Press Release
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