yeah, to people not common with budgetting, it goes like this.
At the end of the season, they look at the total turnover of the last season
They then look at wether it will improve or decline depending on where the team stands for the comming season
For juventus, this means they calculated 3 90-100% sellouts for CL home games, probably 10-12points of bonus money (3 wins, 3 draws), and other income.
Last year it meant, expected improvement trough gate receips.
then they look at total net spend -transfers.
In any healtyclub, the total income-netspend without transfers, should be a positive number, unless you failed to qualify for cl or something.
if the figure is negative, players might be sold, or loans aquired if you are based in spain. reducing wages can also help, marotta did that in 2009/2010
if the figure is positive, money can be used for transfers.
there, thats how it goes.
so no, the board didnt go like "oh look we got 20 mil cause we played the 6 CL games, got 3 home games and some bonus cash"
Transfers in the winter ?
eighter, IF there is leftover budget from the summer, it could be used for transfers now.
OR
if the board thinks,that a new signings cost, will make us go far enough in CL to recuperate trough gate receips , starter fee and bonus fee for draw/win, then they might do it