Juventus Staff (1 Viewer)
- Thread starter Dostoevsky
- Start date
Federico #Spalletti, Luciano's second son, joins #Giuntoli's staff: he will have a scouting role. Last year the 29 years old worked with #Udinese. The NT coach's son has a degree in philosophy, speaks 5 languages and was also a scout for the FIGC. [Corriere dello Sport via @AroundJuventus]
PS: Who is Fabrizio Bava?
Professor Fabrizio Bava is a distinguished Italian academic specializing in business administration and accounting. He currently holds the position of full professor in Business Administration at the Department of Management "Valter Cantino" at the University of Turin.
Professor Fabrizio Bava to Bianconero:
OBJECTIVES - "The goal is to learn to stand on our own feet and achieve structural profitability by 2027. This scenario assumes qualification for the Champions League every year, because otherwise, those wages wouldn’t be sustainable. Juventus has shown that they always manage to qualify somehow; every year they fail to do so is not just a sporting failure but, above all, an economic one. For example, if the main sponsor is missing and the team doesn’t qualify, it’s no surprise that the sponsor doesn’t come."
GIUNTOLI’S WORK - "His evaluation fluctuates completely depending on the moment. Unfortunately, it's difficult to judge without qualification because Giuntoli has rejuvenated the first team while cutting wages above €7 million net—except for one contract that was impossible to reduce, Vlahovic’s. Fixed costs have been lowered; a lot has been spent, but without signing players demanding high wages. Otherwise, amortization wouldn’t have been reduced, even though this wage bill has been decreasing for four years.
The issue is that with this significant effort, Juventus should at least secure third or fourth place. If they don’t, Giuntoli’s position should also be questioned, not just his work. Juventus does not rely on revenue from capital gains; however, there are players in the squad who, in 2-3 years, could be sold for significant profits, generating the benefits we talk about. Giuntoli managed to rebuild an entire team with a budget Juventus had never had before. Previously, 5-6 players earned over €7 million; now, only one does. From a purely strategic perspective, I think he has done well, although, obviously, if you don’t win on the field, the judgment will be negative.
If Juventus doesn’t win another game from now on, even those who built the team should be let go. Right now, assessments are more psychological than technical. If they manage to secure fourth place, the evaluation of Giuntoli must be positive."
MAIN SPONSOR - "It’s important for the club’s image. The new shareholder is a source of hope, but so far, he has only promoted himself. If he proves his commitment by becoming a sponsor, he will be appreciated. The stock value held up even during tough times on the field, but right now, everything is speculation. Qualification for the Champions League is crucial. Why is there no sponsor? Juventus has suffered reputational damage."
MOTTA’S DISMISSAL AND FAILURE TO QUALIFY - "Sacking Motta would mean recording the cost of his contract in the financial statements until June 2027. Reaching an agreement with him would be ideal for both parties.
Failure to qualify for the Champions League would reopen the possibility of a capital increase. Juventus could cover a June financial loss by selling players recorded at zero value on the books, such as Mbangula. Even selling one or two players—not necessarily top-tier ones—could prevent the need for a capital increase, but qualification is essential. If you already know you’ll be missing at least €70 million in revenue, it’s hard to avoid a capital increase.
Let’s say Cambiaso and Yildiz are sold—what happens then? If Juventus buys replacements, we know they don’t come cheap because the club accepts different salary expectations than mid-table teams."
DELISTING - "Nothing has happened for years. It’s clear that if the ownership were to sell its stake, delisting could be an option. Juventus must be more transparent and not leave the stock market out of fear of criticism. Holding 65% ownership has significant economic value.
Professor Fabrizio Bava is a distinguished Italian academic specializing in business administration and accounting. He currently holds the position of full professor in Business Administration at the Department of Management "Valter Cantino" at the University of Turin.
Professor Fabrizio Bava to Bianconero:
OBJECTIVES - "The goal is to learn to stand on our own feet and achieve structural profitability by 2027. This scenario assumes qualification for the Champions League every year, because otherwise, those wages wouldn’t be sustainable. Juventus has shown that they always manage to qualify somehow; every year they fail to do so is not just a sporting failure but, above all, an economic one. For example, if the main sponsor is missing and the team doesn’t qualify, it’s no surprise that the sponsor doesn’t come."
GIUNTOLI’S WORK - "His evaluation fluctuates completely depending on the moment. Unfortunately, it's difficult to judge without qualification because Giuntoli has rejuvenated the first team while cutting wages above €7 million net—except for one contract that was impossible to reduce, Vlahovic’s. Fixed costs have been lowered; a lot has been spent, but without signing players demanding high wages. Otherwise, amortization wouldn’t have been reduced, even though this wage bill has been decreasing for four years.
The issue is that with this significant effort, Juventus should at least secure third or fourth place. If they don’t, Giuntoli’s position should also be questioned, not just his work. Juventus does not rely on revenue from capital gains; however, there are players in the squad who, in 2-3 years, could be sold for significant profits, generating the benefits we talk about. Giuntoli managed to rebuild an entire team with a budget Juventus had never had before. Previously, 5-6 players earned over €7 million; now, only one does. From a purely strategic perspective, I think he has done well, although, obviously, if you don’t win on the field, the judgment will be negative.
If Juventus doesn’t win another game from now on, even those who built the team should be let go. Right now, assessments are more psychological than technical. If they manage to secure fourth place, the evaluation of Giuntoli must be positive."
MAIN SPONSOR - "It’s important for the club’s image. The new shareholder is a source of hope, but so far, he has only promoted himself. If he proves his commitment by becoming a sponsor, he will be appreciated. The stock value held up even during tough times on the field, but right now, everything is speculation. Qualification for the Champions League is crucial. Why is there no sponsor? Juventus has suffered reputational damage."
MOTTA’S DISMISSAL AND FAILURE TO QUALIFY - "Sacking Motta would mean recording the cost of his contract in the financial statements until June 2027. Reaching an agreement with him would be ideal for both parties.
Failure to qualify for the Champions League would reopen the possibility of a capital increase. Juventus could cover a June financial loss by selling players recorded at zero value on the books, such as Mbangula. Even selling one or two players—not necessarily top-tier ones—could prevent the need for a capital increase, but qualification is essential. If you already know you’ll be missing at least €70 million in revenue, it’s hard to avoid a capital increase.
Let’s say Cambiaso and Yildiz are sold—what happens then? If Juventus buys replacements, we know they don’t come cheap because the club accepts different salary expectations than mid-table teams."
DELISTING - "Nothing has happened for years. It’s clear that if the ownership were to sell its stake, delisting could be an option. Juventus must be more transparent and not leave the stock market out of fear of criticism. Holding 65% ownership has significant economic value.
