Nike stay as Juventus sponsor (6 Viewers)
- Thread starter ReBeL
- Start date
You are right, except for the little detail about the share price. They said:
"At 0956 GMT, shares in Juventus were up 7.8 percent at 1.82 euros. The stock has been extremely volatile, and shares have lost about one-fifth of their value since the scandal broke, recovering slightly over the past weeks."
We are still lost 20% of our price value. Which is recovering slightly over the past weeks. That means, a vew weeks before our price value was down by more than 20%. :toast:
"At 0956 GMT, shares in Juventus were up 7.8 percent at 1.82 euros. The stock has been extremely volatile, and shares have lost about one-fifth of their value since the scandal broke, recovering slightly over the past weeks."
We are still lost 20% of our price value. Which is recovering slightly over the past weeks. That means, a vew weeks before our price value was down by more than 20%. :toast:
Football clubs are horrible investments. That said, some wise guys decided that it would be a good idea to fleece public fans and milk their team loyalties for cash -- and the age of the publicly traded football club was born.
For Juve, it's only really relevant if someone wanted to buy up shares to purchase the club in a sort of take-over (hostile or friendly) attempt. The cheaper the shares, the cheaper to buy ownership in the club on the market. This is, of course, another downside of shortsighted teams going public on the market.
Otherwise the share price is meaningless to everyone except investors. Juve is in no position to want to issue more public shares soon, but I doubt they were planning on it anyway.
For Juve, it's only really relevant if someone wanted to buy up shares to purchase the club in a sort of take-over (hostile or friendly) attempt. The cheaper the shares, the cheaper to buy ownership in the club on the market. This is, of course, another downside of shortsighted teams going public on the market.
Otherwise the share price is meaningless to everyone except investors. Juve is in no position to want to issue more public shares soon, but I doubt they were planning on it anyway.
I dont think Nike could dessert Juve for a dirty image, since they themselves arent exactly the cleanest brand in the world. Moreover, from a financial perspective, they could only profit from a scenario like this. Why? Because Juventus as a brand is not diluted, it continues to have the pulling power any solid brand would - only in this case Nike can renegotiate a contract that now suits them from a financial perspective. Something which they wouldnt have control over if Juventus were in Serie A and the Champions League. Now, they can pay a 2nd grade fee for a 1st grade team. Whichever way you look at it, it works for them.
no you are wrong
i am a technical analyst and i know what i am talking about
i will give you an example
lets say that juves share was 2 Eur before the scandal and after it the price went down to 1.6 Euros which means loss of 20% then the price went up again by 7.8% which means the price went up again up to 1.8148 which means that the total loss is down to 12.2% instead of 20%.
i am a technical analyst and i know what i am talking about
i will give you an example
lets say that juves share was 2 Eur before the scandal and after it the price went down to 1.6 Euros which means loss of 20% then the price went up again by 7.8% which means the price went up again up to 1.8148 which means that the total loss is down to 12.2% instead of 20%.
No, you are wrong.
mate, look once again at the news:
"At 0956 GMT, shares in Juventus were up 7.8 percent at 1.82 euros.
It said that the stock were up to 7.8%. It didn't say that they were up 7.8% from beggining value. I believe it's up 7.8% from last day or last week.
The stock has been extremely volatile, and shares have lost about one-fifth of their value since the scandal broke, recovering slightly over the past weeks."
This is the clue:
It clearly said, it recovering slightly over the past weeks. Means, last week the stocks were down slightly more than 20% from beggining value (the value of the stock before scandal).
mate, look once again at the news:
"At 0956 GMT, shares in Juventus were up 7.8 percent at 1.82 euros.
It said that the stock were up to 7.8%. It didn't say that they were up 7.8% from beggining value. I believe it's up 7.8% from last day or last week.
The stock has been extremely volatile, and shares have lost about one-fifth of their value since the scandal broke, recovering slightly over the past weeks."
This is the clue:
It clearly said, it recovering slightly over the past weeks. Means, last week the stocks were down slightly more than 20% from beggining value (the value of the stock before scandal).
La Nike conferma il contratto da 12 milioni annui
04 08 2006
Ieri la notizia che la Nike proseguirà il suo rapporto con la Juventus, oggi la conferma che il colosso dell'abbigliamento sportivo americano manterrà fede pure all'ingaggio di 12 milioni all'anno per 12 anni.
http://sports.alice.it/it/cmc/calcio/200631/cmc_99562.html
04 08 2006
Ieri la notizia che la Nike proseguirà il suo rapporto con la Juventus, oggi la conferma che il colosso dell'abbigliamento sportivo americano manterrà fede pure all'ingaggio di 12 milioni all'anno per 12 anni.
http://sports.alice.it/it/cmc/calcio/200631/cmc_99562.html