Nico González (24 Viewers)

[Akshen]

33 + 8 (or 8,4) for this season's loan. So 41 in total.

Pretty steep if you ask me.

Turin, 25 August 2024 – Juventus Football Club S.p.A. announces that an agreement with ACF Fiorentina for the temporary acquisition, until 30 June 2025, of the registration rights of the player Nicolas Ivan Gonzalez has been reached for a consideration of € 8 million for sporting season 2024/2025, with additional costs up to € 0.4 million.

The agreement further entails the obligation for Juventus to definitely acquire the player’s registrations rights, subject to the achievement of certain sporting objective during the season 2024/2025. The agreed consideration for the definitive acquisition is € 25 million, payable in three financial years, with additional costs up to € 3.1 million. This consideration may be increased up to a maximum of € 5 million over the duration of the player's contract, upon the achievement of further performance objectives.

Given the high probability of the above conditions being achieved, for accounting purposes, this transaction qualifies as a definitive acquisition effective from today for a total amount of € 33 million. It should be noted that the final evaluations about the accounting recognition of the transaction will be performed for the purpose of preparing the Half-Year Financial Report as of 31 December 2024, the approval of which is expected in February 2025.


Loan fee 8m ( 0.4m addittional cost) buy out at 25 and 5 m possible bonus. 3.1m is additional costs to the training clubs etc.
we will pay Viola 33m plus possible bonuses of 5m.

 

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[Buck Fuddy]

Their wording is a bit strange and you'd need to look at the books to be sure, but I read it differently.

They talk about an €8 million loan first. Probably 8,4. in the end.
And then they talk about an acquistion of €33 million in total. Or split out into 25 + 3 + 5.

Then again, they do say that the 3,1 may be increased up to 5 not by 5. Which would mean the acquisition total would be anywhere from 28 to 30, instead of 33.


So, in short, the numbers don't add up.

 

[Akshen]

Their wording is a bit strange and you'd need to look at the books to be sure, but I read it differently.

They talk about an €8 million loan first. Probably 8,4. in the end.
And then they talk about an acquistion of €33 million in total. Or split out into 25 + 3 + 5.

Then again, they do say that the 3,1 may be increased up to 5 not by 5. Which would mean the acquisition total would be anywhere from 28 to 30, instead of 33.


So, in short, the numbers don't add up.

the 33m is 8 (loan) + 25m (buy out) 0.4m and 3.1 called addittional costs are agent fee and the money u pay to the clubs that trained him in the past. 5 m is the bonus if he does well, but we dont know the triggers for this bonuses.

 

[Abolfazl]

He's wearing #44

 

[Scottish]

His gf btw:

 

[Buck Fuddy]

the 33m is 8 (loan) + 25m (buy out) 0.4m and 3.1 called addittional costs are agent fee and the money u pay to the clubs that trained him in the past. 5 m is the bonus if he does well, but we dont know the triggers for this bonuses.

Still doesn't make sense.

They literally mention that the bonuses are easy to reach, so that they'll need to be paid & taken into account.
And then they leave them out when when adding everything up?

The original, Italian, press release is just as confusing by the way.

Torino, 25 agosto 2024 – Juventus Football Club S.p.A. comunica di aver raggiunto un accordo con la società ACF Fiorentina per l’acquisizione, a titolo temporaneo fino al 30 giugno 2025, dei diritti alle prestazioni sportive del calciatore Nicolas Ivan Gonzalez a fronte di un corrispettivo di € 8 milioni, oltre ad oneri accessori per € 0,4 milioni.

L’accordo prevede inoltre l’obbligo da parte di Juventus di acquisire a titolo definitivo le prestazioni sportive del giocatore al verificarsi di determinate condizioni nel corso della stagione sportiva 2024/2025. Il corrispettivo pattuito per l’eventuale acquisizione definitiva è pari a € 25 milioni, pagabili in tre esercizi, oltre ad oneri accessori per € 3,1 milioni; tale corrispettivo potrà essere aumentato, nel corso della durata del contratto di prestazione sportiva con il calciatore, per un ammontare non superiore a € 5 milioni, al raggiungimento di determinati obiettivi sportivi.

Stante l’elevata probabilità del verificarsi delle condizioni di cui sopra tale operazione, ai fini contabili, risulta qualificabile come acquisizione a titolo definitivo già a decorrere dalla data odierna per un importo complessivo pari a € 33 milioni. Si precisa peraltro che la valutazione finale circa la rilevazione contabile dell’operazione sarà compiuta ai fini della preparazione della Relazione Semestrale al 31 dicembre 2024, la cui approvazione è prevista nel mese di febbraio 2025.

 

[athas]

Still doesn't make sense.

I'll make a imagine offer like this.

Loan offer 8M. Juve pays operation's cost, up to 0.4M.

If Nico plays one game for Juve, Juve has to buy Nico for 25M. Because of high probability of the condition, you can consider Juve has to buy Nico 8M (loan fee) + 25M (option fee) = 33M fixed.

When Nico plays for Juve, if he scores 20 goals, Juve has to pay Fio 3.1M more.

After 20 goals, with each goal he scores, Juve has to pay 0,1M more. Max 5M (include 3.1M before).

Now does it make sense?

 

[Buck Fuddy]

I'll make a imagine offer like this.

Loan offer 8M. Juve pays operation's cost, up to 0.4M.

If Nico plays one game for Juve, Juve has to buy Nico for 25M. Because of high probability of the condition, you can consider Juve has to buy Nico 8M (loan fee) + 25M (option fee) = 33M fixed.

When Nico plays for Juve, if he scores 20 goals, Juve has to pay Fio 3.1M more.

After 20 goals, with each goal he scores, Juve has to pay 0,1M more. Max 5M (include 3.1M before).

Now does it make sense?

Nope.
I mean, I understand what you're saying & that does make sense, but their wording is (deliberately?) confusing.


Regardless, I hope he's worth it. He's not exactly a bargain.

 

[Akshen]

Still doesn't make sense.

They literally mention that the bonuses are easy to reach, so that they'll need to be paid & taken into account.
And then they leave them out when when adding everything up?

The original, Italian, press release is just as confusing by the way.

I think they are trying to say that the obligatory clause is that easy to reached, not the bonuses. But still it doesn't make sense i agree.

 

[JuveJay]

I'll make a imagine offer like this.

Loan offer 8M. Juve pays operation's cost, up to 0.4M.

If Nico plays one game for Juve, Juve has to buy Nico for 25M. Because of high probability of the condition, you can consider Juve has to buy Nico 8M (loan fee) + 25M (option fee) = 33M fixed.

When Nico plays for Juve, if he scores 20 goals, Juve has to pay Fio 3.1M more.

After 20 goals, with each goal he scores, Juve has to pay 0,1M more. Max 5M (include 3.1M before).

Now does it make sense?

 

[rainhard]

Basically 33m (loan + sure obligation) + 3.1 up to 5m bonuses and 0.4m other cost

The maximum we will pay is 38.4 with 33.4m is the fixed one. For bonuses will be counted with how he plays on the field

But it is safe to say he needs to score 20 goals to give Fio another 3.1m and 19 goals for 0.1m each to activate the full 5m bonuses (based on @athas)

If he can score 20 goals this season, I don't really care about paying 36.5m for him

We basically pay him around 8.4m per season for 4 years for his transfer because the 25m obligation is payable in 3 years

 

[athas]

But it is safe to say he needs to score 20 goals to give Fio another 3.1m and 19 goals for 0.1m each to activate the full 5m bonuses (based on @athas)

No no that's only an imaginary offer.

In reality, (almost) no one knows the condition of those bonuses, except the two clubs involved.

 

[rainhard]

No no that's only an imaginary offer.

In reality, (almost) no one knows the condition of those bonuses, except the two clubs involved.

Oh, I see, maybe the number of matches, we pay for each match he plays, goals or assist bonus, or objective achieved like UCL qualification

 

[Lion]

why would juve not know the conditions though? juventus is a publicly traded company. they can't hide financial transaction details

 

[Amer]

why would juve not know the conditions though? juventus is a publicly traded company. they can't hide financial transaction details

Here we go.

You just summoned Tuz Financial Squad.

Now we're fucked.

Essayes and at least 4 pages incoming.

 

[campionesidd]

why would juve not know the conditions though? juventus is a publicly traded company. they can't hide financial transaction details

Only in theory lol. Who knows what shenanigans they’re up to behind the scenes.

 

[athas]

why would juve not know the conditions though? juventus is a publicly traded company. they can't hide financial transaction details

You do have a point. What I mean is that we fans won't know the condition. I remember they just list those bonuses, like: total bonus based on appearance 4M, performance 5M,..... Not each player's details.

I'm not sure, though , it was a long time ago when I tried to read their financial report.


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[DanielSz]

He's wearing #44

are we sure that’s not Facu Gonzalez? Because he was 44 in preseason

 

[Mark]

 

[.zero]