The Financial Situation (74 Viewers)
- Thread starter ReBeL
- Start date
Our financial situation? No, I don't have time to, and I'm not getting paid for it.. But what I'll quickly say is that the purchase of the actual Juventus is not as directly related to "buying out the shares" as he put it and he's way off the mark in implying we have a negative EPS and judging by the way he uses the term I'm sure he has a limited understanding of the implications and practises of reporting a "negative EPS" figure in the respective companies financial statements (the accompanying notes are always a pleasure), it gets very complicated, too complicated for a quick paragraph and definitely too complicated for me to analyse with respect to Juventus and not get paid for it.
About before, "What needs to be sorted out is our net debt position so that we can have positive earnings per share" I thought implied Juventus have a negative EPS ..
What would like to know? I'd be happy to provide some understanding on this but it really does get complicated, I've spent the best part of 10 years of my career dealing with financial reporting on both a educational and practical basis and I needed to get "enlightened" on a montly basis because, believe it or not, these issues in regards to financial reporting are subject to dynamic change on a regular basis.
I didn't intend to argue here but I couldn't help myself, imagine if someone here started predicting weather and in doing that made misinterpretations, you'd shoot them down without a moments hesitation
What would like to know? I'd be happy to provide some understanding on this but it really does get complicated, I've spent the best part of 10 years of my career dealing with financial reporting on both a educational and practical basis and I needed to get "enlightened" on a montly basis because, believe it or not, these issues in regards to financial reporting are subject to dynamic change on a regular basis.
I didn't intend to argue here but I couldn't help myself, imagine if someone here started predicting weather and in doing that made misinterpretations, you'd shoot them down without a moments hesitation
http://www.uefa.com/multimediafiles...s/uefa/uefamedia/83/97/47/839747_download.pdf
Some interesting info here. How much we earned from particpating in last seasons CL was already known (€22.1m), but it provides a breakdown (page 6).
The interesting part is the column labeled "Market Pool":
We earned €11.8m from that, whereas Roma received €16.05m and Inter €18.8m.
Next season our share from the "Market Pool" should be larger due to a better league position in 08/09, meaning another round of 16 appearance will earn us more money than last season.
Some interesting info here. How much we earned from particpating in last seasons CL was already known (€22.1m), but it provides a breakdown (page 6).
The interesting part is the column labeled "Market Pool":
We earned €11.8m from that, whereas Roma received €16.05m and Inter €18.8m.
Next season our share from the "Market Pool" should be larger due to a better league position in 08/09, meaning another round of 16 appearance will earn us more money than last season.
It's due to the TV market.
" the clubs receive a share of revenue fixed in accordance with the value of the TV market of the country they represent. If an association has more than one representative, the amount recieved by each club depends on its position in the national championship in the previous season..."
The value of the TV market in Germany is very high. Bayern and Werder, as the only two German teams, shared whooping 36 500 000 eur. Bayern alone got
21 466 000 eur.
The value of the TV market in Holland is also high, and since PSV were the only Dutch team they recieved all the money (19 556 000. Only from the market pool PSV got almost as much as Juve got in total from playing in the CL).
Italian teams shared 56 600 000, but since there were 4 Italian teams, the amount each of them got was lower than what Bayern or PSV got.
Spanish TV market value isn't very high as it could be expected (33 700 000, lower than Germany) and the Spanish teams, Barcelona among them, didn't get too much money from the market pool.
Barcelona recieved "only" 8 168 000 from the market pool. That explains why Bayern ended up with more money (they recieved 21 466 000 from the market pool, ~13 000 000 more than Barca).
" the clubs receive a share of revenue fixed in accordance with the value of the TV market of the country they represent. If an association has more than one representative, the amount recieved by each club depends on its position in the national championship in the previous season..."
The value of the TV market in Germany is very high. Bayern and Werder, as the only two German teams, shared whooping 36 500 000 eur. Bayern alone got
21 466 000 eur.
The value of the TV market in Holland is also high, and since PSV were the only Dutch team they recieved all the money (19 556 000. Only from the market pool PSV got almost as much as Juve got in total from playing in the CL).
Italian teams shared 56 600 000, but since there were 4 Italian teams, the amount each of them got was lower than what Bayern or PSV got.
Spanish TV market value isn't very high as it could be expected (33 700 000, lower than Germany) and the Spanish teams, Barcelona among them, didn't get too much money from the market pool.
Barcelona recieved "only" 8 168 000 from the market pool. That explains why Bayern ended up with more money (they recieved 21 466 000 from the market pool, ~13 000 000 more than Barca).
Hey guys,
Does anyone know how this new Serie A collective TV rights format will work out? I hear that it's going to be around 900 million euros that will be distributed among Serie A teams starting 2010-2011. What is the base amount for all teams? And how much will be performance related?
I'm worried it won't benefit Juve in the short-term compared to our current deal as we earn more than a 100 million from TV rights every year. For a club with attendance problems, TV righs is our bread and butter.
Does anyone know how this new Serie A collective TV rights format will work out? I hear that it's going to be around 900 million euros that will be distributed among Serie A teams starting 2010-2011. What is the base amount for all teams? And how much will be performance related?
I'm worried it won't benefit Juve in the short-term compared to our current deal as we earn more than a 100 million from TV rights every year. For a club with attendance problems, TV righs is our bread and butter.
