The Financial Situation (58 Viewers)

jukazem

Senior Member
Feb 10, 2007
4,964
Net loss for Q1 €18.4m, net financial debt also up by similar amount. Operating costs increased compared to last year. I guess no big transfer campaign anytime soon. :sigh:
 

Vlad

In Allegri We Trust
May 23, 2011
24,002
Net loss for Q1 €18.4m, net financial debt also up by similar amount. Operating costs increased compared to last year. I guess no big transfer campaign anytime soon. :sigh:
Wages are killing us along with amortization. That's the effect of bringing too many players in a short period regardless of their low initial cost.
 

jukazem

Senior Member
Feb 10, 2007
4,964
Wages up by €6.8m for Q1 so that could be €27m higher than last year for that full year if not corrected. I think our squad is too big; De Ceglie, Motta, Isla/Padoin should leave, may be even add Pepe or a striker to that list of to-be-sold.
 

Vlad

In Allegri We Trust
May 23, 2011
24,002
Wages up by €6.8m for Q1 so that could be €27m higher than last year for that full year if not corrected. I think our squad is too big; De Ceglie, Motta, Isla/Padoin should leave, may be even add Pepe or a striker to that list of to-be-sold.
As I've said we need to reduce these asap or else they'll become a huge burden. Too many players are getting absolutely ridiculous wages and contribute close to nothing.

I was right with my estimate regarding the funds we'll invest for transfers. We invested 65m and received 27m, which is 38 net and my predicament was 40m before campaign started.
 

Zacheryah

Senior Member
Aug 29, 2010
42,251
Dont think TO much off it.

First of all the first quarter allways has a good net loss. You need to take the summer changes into accound, and the CL has barely started. The transfers during the summer and other stuff are incorporated, whilst merely offset by sponsering income and season tickets.

But it doesnt matter. what matters, is out plan.

You see, you need to take the other quarters in accound. We make or break the year on the second quarter wich should be a good profit.
Quarter 3 is usually low, and quarter 4 depends on our CL campaign and serie a finish.

7 mil more expenses ? puh, thats nothing.

The turnover, thats all that matters

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As I've said we need to reduce these asap or else they'll become a huge burden. Too many players are getting absolutely ridiculous wages and contribute close to nothing.

I was right with my estimate regarding the funds we'll invest for transfers. We invested 65m and received 27m, which is 38 net and my predicament was 40m before campaign started.
65mil, thats transferfee's for new players, payments of previous transfers and wages of new players, yes ?
 

jukazem

Senior Member
Feb 10, 2007
4,964

Amer

Senior Member
Feb 13, 2005
11,275

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