John Elkann (18 Viewers)

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ReBeL

The Jackal
Jan 14, 2005
22,871
  • Thread Starter
  • Thread Starter #43
    L'Opinione: John, ascolta la tua coscienza



    Il Direttore di "Nero su Bianco", la rivista dedicata ai tifosi della Juventus, fa un appello alla proprietà.

    Fossero tutti come lui, il calcio sarebbe davvero un’altra cosa. Tornerebbe finalmente ad essere “uno sport”come tutti gli altri, con meno divi, meno miliardi e sicuramente più spettacolo. Quello vero, educativo e ricco di sani valori anziché di cattivi esempi. John Elkann è un uomo dei nostri tempi ancorato, per fortuna, ancora ai principi di una volta, perché la sua famiglia lo ha educato così. E’ il prodotto di un vecchio Juve-style di cui si erano perse forse le tracce dopo la scomparsa del nonno Giovanni e dello zio Umberto, uno stile che John è tornato a rimettere in circolo nel mondo del pallone attraverso persone adamantine come Cobolli Gigli, Blanc, Montali, il grande Tardelli.

    Ancora una volta sarà la Juve a dare l’esempio. Ma intanto bisogna pensare anche al futuro e il giovane Elkann, pur rassicurando sul proseguimento dell’amorosa liaison Agnelli-Juve ("il club non è in vendita"), non ha detto nei giorni scorsi ciò che i tifosi avrebbero voluto sentire da lui. E cioè, che la Famiglia tornerà ad investire sulla Juve. Parla di “piani di sviluppo in evoluzione” ma, al tempo stesso, non assicura una robusta campagna di rafforzamento. Pensa a un nuovo Bettega da forgiare in casa, non di Ronaldhino pur sapendo – lo ha detto lui stesso – che “è pericoloso non dare ai clienti (cioè, noi tifosi) quello che vogliono”. Mister John, va tutto bene, però ogni tanto si metta la mano sul cuore (bianconero) e pensi a cosa avrebbe fatto suo nonno. Perché la Juve è un’altra cosa dalla Fiat.

    nerosubiancoweb2.com
     
    OP

    ReBeL

    The Jackal
    Jan 14, 2005
    22,871
  • Thread Starter
  • Thread Starter #45
    Guardian of Agnelli assets puts merit first


    John Elkann is preoccupied with meritocracy. He is just 31 and already at the summit of corporate Italy as vice-chairman of Fiat. The large Italian industrial group is indelibly associated with its founding Agnelli family, and it is his family too; he is the current chief guardian of its members’ €8bn ($11.7bn) in assets.

    I’m very young ... and at the same time I’m quite privileged,” he said. “I might not be seen as someone who has been given his roles based on merit.”

    From an early age Mr Elkann has been groomed for responsibility. In addition to Fiat, he is now chairman of Ifi and vice-chairman of Ifil, two Agnelli investment vehicles through which the family controls Fiat and other holdings. He is also chairman of the publisher of La Stampa newspaper and holds other board seats.

    His short record is good. Mr Elkann entered Ifil, whose largest investment by far is in Fiat, in 2003 when the car group was widely believed to be heading towards bankruptcy and taking the family’s fortune with it. Debts at Fiat and Ifil were unsustainable, Ifil’s portfolio was disorganised and the family and businesses were dealing with the death that year of Gianni Agnelli, Mr Elkann’s grandfather, who built Fiat into a global group. Umberto Agnelli, Gianni’s brother, died soon after.

    Mr Elkann and others have engineered an impressive turnround. Ifil’s portfolio is slimmed down and better focused. Disposals paid the way for this year’s purchase of 72 per cent of Cushman & Wakefield, the property company, for €474m. And at Fiat, which has become one of Europe’s most celebrated revival stories, shares that were trading at €4.52 in April 2005 are now more than €20. The family’s wealth is ballooning in proportion.

    Mr Elkann believes Ifil is making merit a top priority – in contrast, he believes, to many other groups in Italy.

    In a rare interview, he told the Financial Times that Italy’s relatively slow growth indicated that there were often the wrong people in charge round the country. “If we look at overall performance, we [Italy] are not doing that well and that’s always down to who is leading the effort ... Merit is a criterion [by which Italian organisations choose leaders] but probably not always the most important.”

    Almost all the top management of the companies in which Ifil has invested has changed.

    Ifil itself has Carlo Sant’Albano as its new chief executive. He was a senior banker at Credit Suisse and worked outside Italy for 40 years. Sergio Marchionne, the extraordinary turnround maestro at Fiat, came from SGS, a Swiss inspection and certification company also in Ifil’s portfolio.

    At Juventus, the Turin football club, change was enforced. Juventus was at the centre of match-rigging allegations last year: Ifil forced out the whole board and senior management.

    The episode demonstrates Mr Elkann’s belief that allowing managers to manage is about “an upfront agreement of what you want to try to achieve ... [and be ready] to make fast changes in leadership” if it goes wrong. Mr Elkann said of finding new managers: “The important thing is to know interesting, good people. See what they’re doing. Try to work on projects together.” Jean-Claude Blanc, the new chief executive of Juventus, was head of the French tennis federation when he met Mr Elkann at a dinner.

    Ifil has about €1bn on hand to spend on its next investments and is looking close to home.:shifty:

    Mr Elkann said emerging markets such as China and India offered high growth potential but that Ifil was focused instead on countries such as Switzerland, Germany, France and the US. Looking further afield was “a big investment in time and you really have to develop a good understanding in [those] regions”.

    There are distractions to being an Agnelli, often acutely embarrassing ones. Mr Elkann’s flamboyant brother, Lapo, is often in the news: he is currently rebuilding his reputation after an almost fatal drug overdose in 2005. Their mother and grandmother are feuding over a settlement of family finances. Ifil itself is being investigated over disclosures in a 2005 deal involving contracts on Fiat shares. The group says it did nothing wrong.

    Mr Elkann said an Agnelli learned to deal with publicity. In the meantime, he is courting his own this weekend, on his terms. As vice-chairman of Aspen Institute Italia, he has organised a large gathering of the great and the good in Turin starting tonight. The theme: “Shaping our future – merit, not age, as the discriminating factor.”

    There is none higher in the pantheon of Italian industrial heroes than the Agnelli family.

    Its members are viewed as part-royal family, part-Kennedy, and they too have had their share of soaring triumphs, personal tragedies and untimely deaths.

    The family is still the controlling shareholder of Fiat, the Turin group that is best known for its cars but is also the manufacturer of farming and construction equipment and Iveco trucks. The group also owns the famous Italian names Alfa Romeo, Lancia, Maserati and Ferrari.

    Giovanni Agnelli, the great-great-grandfather of John Elkann, started Fiat in 1899. He is not to be confused with Gianni (short for Giovanni) Agnelli, his grandson and Mr Elkann’s grandfather, who is the man credited with making Fiat a globally recognised Italian powerhouse after the second world war.

    The family is currently worth more than €8bn ($11.7bn). About 60 per cent of that is in Fiat with the rest invested in interests ranging from football and real estate to banking and paper. There are about 250 Agnellis in total, of whom 90 are shareholders in the family’s investment vehicles.

    The Financial Times
    November 16 2007
     

    Geof

    Senior Member
    May 14, 2004
    6,740
    #47
    Juventus is being managed as a asset in Ifil's large portfolio. Nothing more, nothing less.

    I think this is one of the main reasons why we accepted our punishments that easily. Once your company has been punished for alleged fraud or corruption, the best thing to do is to fire anyone involved, give it a clean sweep and start again.
    The harm is done, the public opinion sees you as being guilty, so protesting and appealing will only make you look even worse in the eyes of the public.
    Even if you win in the end.

    It's like when some famous guy is charged with murder, rape or anything. The news hits every channel, everyone in the world knows it. Even if he's found unguilty after appeal, people will say "yeah, but... I still think he did it. He can just afford to pay very good lawyers ..."
     
    OP

    ReBeL

    The Jackal
    Jan 14, 2005
    22,871
  • Thread Starter
  • Thread Starter #48
    Juventus is being managed as a asset in Ifil's large portfolio. Nothing more, nothing less.

    I think this is one of the main reasons why we accepted our punishments that easily. Once your company has been punished for alleged fraud or corruption, the best thing to do is to fire anyone involved, give it a clean sweep and start again.
    The harm is done, the public opinion sees you as being guilty, so protesting and appealing will only make you look even worse in the eyes of the public.
    Even if you win in the end.

    It's like when some famous guy is charged with murder, rape or anything. The news hits every channel, everyone in the world knows it. Even if he's found unguilty after appeal, people will say "yeah, but... I still think he did it. He can just afford to pay very good lawyers ..."
    Good point, especially when the accusations can be employed to regain the full control on the part of portfolio they were neglecting for a fairly long time.
     
    OP

    ReBeL

    The Jackal
    Jan 14, 2005
    22,871
  • Thread Starter
  • Thread Starter #49
    The heir to the Agnelli family that controls Juventus has said the Turin club plans to invest in the transfer market in view of an expected return to European action next season.

    "Juve are doing well in the championship, we are aiming to qualify for Europe next year and the squad will be strengthened as result," John Elkann told reporters.

    The vice-president of the FIAT group is the grandson of the late Gianni Agnelli, who was Juventus's president and owner.

    Reuters
     

    David01

    Senior Member
    Aug 20, 2006
    2,825
    #53
    I like this guy but I doubt the Anellis will invest much in Juve, they will have to do it on their own and when he talks about merit, what did Secco do to get such an important position at such a difficult time?
     

    Dostoevsky

    Tzu
    Administrator
    May 27, 2007
    88,435
    #59
    Juve chief: We can catch Inter

    Juventus believe the title race is “still wide open,” according to patron John Elkann. “And we want the Coppa Italia too.”

    The Bianconeri are seven points adrift of Inter at the top of the Serie A table and the two sides will go head-to-head on April 18.

    The Scudetto race is still wide open,” assured Elkann, the heir to the Agnelli family and Vice-President of FIAT.

    We have to beat Inter in that match and then see what happens. That’s not our only target, as we also have the Coppa Italia to win.”

    Juve are in the semi-finals of the Coppa, but must overturn a first leg 2-1 defeat to Lazio.

    The other semi-finalists are Sampdoria and Inter, with the Blucerchiati leading 3-0 from the first leg.

    channel 4


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