The Financial Situation (52 Viewers)

jukazem

Senior Member
Feb 10, 2007
4,776
Juventus Half-Yearly Financial Report at 31 December 2013.
The first half of the 2013/2014 financial year closed with a profit of € 4.8 million, posting a negative change of € 6.5 million compared to the profit of € 11.3 million registered in the same period a year earlier. This performance substantially derived from the increase in players’ wages and technical staff costs of € 11.6 million, a slight increase in revenues of € 5.8 million.
Press release.
 

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Xperd

'Toli Throater
Jun 1, 2012
32,620
Clubs that failed Uefa's break-even calculations for 2012 have been asked to provide financial information for 2013.
Their finances will be assessed by an independent Uefa-appointed panel to see if the breaches have continued.

If they have, clubs could face sanctions that include fines or even bans from competing in Europe.
Uefa confirmed that clubs which fail to meet their strict criteria - brought in to stop what general secretary Gianni Infantino referred to as "greed, wreckless spending and financial insanity" within European football - will be announced in late April.
Those organisations named at that time could then face the prospect of their cases being referred to the adjudicatory wing of Uefa's independent club financial control body (CFCB), led by a judge from the European Court of Justice, which would then determine an appropriate sanction.
The CFCB adjudicatory body is expected to announce its decisions by mid-June.
Clubs do have the right of appeal to the Court of Arbitration for Sport with Alisdair Bell, head of legal affairs for Uefa, warning that July and August "could be a busy time" for the organisation as they deal with the fallout from sanctions being imposed.
"We are not afraid of them [sanctions] being contested," said Bell.
"We fully anticipate there will be challenges. It would be strange if they weren't."
A total of 237 clubs - every side entering the Champions League and Europa League this season - were assessed under the regulations.
Of that figure, 104 were considered exempt as their relevant income and expenses are under £4.1m per year, while 57 were not requested to submit additional information.
Chelsea - despite high levels of spending on transfers and wages since Roman Abramovich bought the club in 2003 - is expected to comply with FFP requirements and is understood not to be among the 76 sides that Uefa have requested additional information from.
Clubs are allowed permissible losses of up to £37m under the break-even rule between 2011 and 2013.
And, once accounts for 2013, are fully analysed some may then be deemed compliant.
http://www.bbc.com/sport/0/football/26390770
 

Cheesio

**********
Jul 11, 2006
22,514
Source ?

So i guess we are clear of FFP !?

http://www.juventus-fr.com/fair-play-financier-le-calcio-bon-eleve/

The article is in french :boh:

It says that UEFA verified the accounts of 237 clubs participating in European competitions, 76 clubs are in Red, these clubs will have to submit their 2013 finance report and their previsions for 2014 to UEFA by MARS 17th. And by the End of April UEFA will decide the teams that could face the consequences ( fines, suspensions from UEFA competitions ...). And it says that the only italian clubs among thee 76 are Milan and Inter.
 

jukazem

Senior Member
Feb 10, 2007
4,776
So it means that our losses comparing to the last year aren't that huge?
Last year's loss was €15m, not at all huge, this year's losses will most almost certainly be larger than last year.

quote from the Juventus HY press release:
Moreover, the First Team’s progress in the UEFA Europa League tournament under way and the optimisation actions that will be implemented could contribute to possible significant reduction in the loss for the present year which is currently forecast to exceed the loss for the 2012/2013 financial year.
my estimate of EL is, we will be ~€15m better off if we win the Europa League, which we need because the financial results are too close to one of the FFP criteria.
 

Hydde

Minimiliano Tristelli
Mar 6, 2003
38,733
Only six Serie A clubs in profit
By Football Italia staff



La Gazzetta dello Sport found only six Serie A clubs ran at a profit last year, while Inter lost €82.7m.


The newspaper published the results of its investigation today into the finances of clubs in the 2012-13 campaign.
They found only six sides avoided a deficit, while there are still huge debts all around the League.


Udinese are the best run club in Italy, making a profit of €32.3m in 2012-13, followed by Napoli with €8.1m.
The only other clubs to run at a profit were Chievo (€1.5m), Pescara (€1.3m before their relegation), Fiorentina (€1.2m) and Catania (€0.1m).


Inter hold the record for the worst accounts, as they ran at a loss of €82.7m in 2012-13. It’s still an improvement on the €89.8m losses from the previous season.
Juventus have the highest revenue, mainly thanks to owning their own stadium, with €274.8m, but also the second highest expenditure at €286.8m.


It means the Bianconeri still ran at a loss of €15.9m last season.
Of the other top clubs, Milan ran at a loss of €6.9m and had the most expenses at €324m, Lazio lost €5.9m and Roma €40.1m.
In terms of outstanding debts, Inter lead the way with €293m, followed by Juventus on €227.1m and Milan €221.6m.


The club with the lowest debt is Fiorentina on just €5.1m.


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Cuti

The Real MC
Jul 30, 2006
13,517
Tuttosport fa i conti in tasca alla Juventus, che incassa circa 43,5 milioni di euro (contro i 65,3 della scorsa stagione) per questa edizione della Champions League: 8,6 milioni per la partecipazione alla fase a gironi; 1 milione per la vittoria contro il Copenaghen; 1,5 milioni per i tre pareggi con Copenaghen, Real Madrid e Galatasaray, 20,27 milioni per la prima metà e 12,16 milioni per la seconda metà del market pool.

Il jackpot Uefa della Juventus può aumentare con l'Europa League, dove però i premi sono un decimo rispetto alla Champions: altri 10-12 milioni di euro in caso di vittoria della coppa e così l'incasso totale salirebbe a 55 milioni di euro. Il bilancio bianconero potrebbe richiedere molti meno sacrifici all'area tecnica, senza erodere troppe risorse per il mercato. In soldoni: potrebbe non essere necessario un sacrificio importante sul fronte delle cessioni e la 'potenza di fuoco' in entrata sarebbe più ampia. Sarebbe, dunque, un mercato più ricco teso a rinforzare la squadra per ridare l'assalto alla prossima Champions League.
From our appearance in the Champions League this year, Juve received around 43.5 million euros (last year we received 65.3 million). We got 8.6 million for playing in the group stage, 1 million for beating Copenhagen, 1.5million for drawing against Copenhagen, Galatasaray and Real Madrid, 20.27 million for the first part of the market pool and 12.16 million for the second part.

Should we win the Europa league we will get another 10-12 million.
 

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