The Financial Situation (80 Viewers)
- Thread starter ReBeL
- Start date
Picture shows how much Juve and Roma have spent so far, this summer.
Acquisti - buys
Cessioni - sales
Btw sales are incorrect, as like very news outlet GdS cannot tell the difference between selling price and net carrying value, which in the end reduces the earnings from sales.
Rough calculations:
Zaza -------- 5m
Immobile ---- 6.6m
Peluso ------ (1m)
Quag -------- 1m
Vuci --------- 2.7m
Total --------14-15m
Acquisti - buys
Cessioni - sales
Btw sales are incorrect, as like very news outlet GdS cannot tell the difference between selling price and net carrying value, which in the end reduces the earnings from sales.
Rough calculations:
Zaza -------- 5m
Immobile ---- 6.6m
Peluso ------ (1m)
Quag -------- 1m
Vuci --------- 2.7m
Total --------14-15m
Requires some adding 
http://www.juventus.com/wps/wcm/con...&CACHEID=1ef55ed1-99f4-4c9c-8010-db678fe04f5a
http://www.juventus.com/wps/wcm/con...&CACHEID=1ef55ed1-99f4-4c9c-8010-db678fe04f5a
thanks mate!!How much would you estimate the remaining budget hold?
http://www.transfermarkt.com/juventus-fc/transfers/verein/506?saison_id=2013&pos=&detailpos=
2012-2013 window we had a +12,28 if we don't consider Tevez and Llorente wages (4,5+3,5 and bonus) so earnt cash but our wage rate got a + 16-18m€
So while 2013 revenue had a -15m €
Our 2014 revenue due to failing from reaching the quarter finals we had a loss compared to 2013 equal to 13m (2013 63m - 2014 50m).
So -15 + 12 - 18 - 13 = roughly our loss this year -34
2012-2013 window we had a +12,28 if we don't consider Tevez and Llorente wages (4,5+3,5 and bonus) so earnt cash but our wage rate got a + 16-18m€
So while 2013 revenue had a -15m €
Our 2014 revenue due to failing from reaching the quarter finals we had a loss compared to 2013 equal to 13m (2013 63m - 2014 50m).
So -15 + 12 - 18 - 13 = roughly our loss this year -34
Too difficult to determine. I'd need to have little more than Juve's yearly report, account book more likely to track all the accruals and their nature, but that is impossible, for me at least. Maybe someone else can give you better answer.
Transfer Campaign Receivables from Other Squads
Note 3 on Transfer Campaign Receivables from Other Squads
Transfer Campaign Payables from Other Squads
Note 10 on Transfer Campaign Payables from Other Squads
Overall then, there are ~70 million due in the next year (from March), and 30 million due beyond that period. We're also due ~52 million from other clubs, and ~28 million beyond that period.
They have a line item for item on the balance sheet. This is from the most recent management report (March 2014).
Transfer Campaign Receivables from Other Squads
Note 3 on Transfer Campaign Receivables from Other Squads
Transfer Campaign Payables from Other Squads
Note 10 on Transfer Campaign Payables from Other Squads
Overall then, there are ~70 million due in the next year (from March), and 30 million due beyond that period. We're also due ~52 million from other clubs, and ~28 million beyond that period.
Transfer Campaign Receivables from Other Squads
Note 3 on Transfer Campaign Receivables from Other Squads
Transfer Campaign Payables from Other Squads
Note 10 on Transfer Campaign Payables from Other Squads
Overall then, there are ~70 million due in the next year (from March), and 30 million due beyond that period. We're also due ~52 million from other clubs, and ~28 million beyond that period.
@italiacalcio10I posted that link on previous page as Mark was interested to see how much we tend to invest in mercato. What would be hard to determine here are receivables and payables specifically for the year after, solely based on Juve's report, as to calculate how much room we would have, if we assume that our limit is around 60-70m per year (they do settle current ones within a year, right?). Non current p/r are spread over 5 years, but how much of these would became current in 2015/16 seems difficult without more documents. Or maybe I'm just lazy and search in the wrong places.
@italiacalcio10I posted that link on previous page as Mark was interested to see how much we tend to invest in mercato. What would be hard to determine here are receivables and payables specifically for the the year after, solely based on Juve's report, as to calculate how much room we would have, if we assume that our limit is around 60-70m per year (they do settle current ones within a year, right?). Non current p/r are spread over 5 years, but how much of these would became current in 2015/16 seems difficult without more documents. Or maybe I'm just lazy and search in the wrong places.
That being said many companies do give that disclosure. Juve have decided not to for whatever reason. Some financial reports have a table of "commitments" by time period band. Usually <1 Yr, 1-3 Yr, 3-5 Yr, 5-10 Yr, etc.
Note following table is as of Dec/13 rather than March/14 like the other one I posted.
Too difficult to determine. I'd need to have little more than Juve's yearly report, account book more likely to track all the accruals and their nature, but that is impossible, for me at least. Maybe someone else can give you better answer.
- - - Updated - - -
Now this just occurred to me.
We overpay some players because Marotta priorizes spreading the payment. So the price we pay for having better payment conditions is a higher overall value.
For example, Pereyra. We all know Marotta has agreed to buy him regardless. It's not a buying option, but a deal.
So the payment will be done in basically 4 years: 1.5M + 4.8M + 4.8M + 4.9M (+ 1.5M bonus spread through 2020). The overall cost is 17M, but really spread throughout the years.
If we were to pay in 3 installments, the overall cost would probably smaller, something like 14M spread through 3 years, starting now, plus bonus. So basically we pay like 2M more (my assumption) in order to spread the payment in one year more, what makes a difference in the budget. Plus if Sorensen was included, thinks would look much better, with 11M spread through 3 years.
With Morata is the same. Madrid is probably not used to dealing with payment spread for more than 2 years. They have cash and when they sell relevant players, probably they ask for money upfront or mostly spread in 2 years.
We overpayed a bit so it can be spread in 3 years. If we were to pay in 2 years, possibly his cost would have been of 18M. In 1 year, possibly 15/16M.
So I guess the overpayment is kind of justified due to better payment conditions. It's how Marotta works. He probably never spends more than 6/7M annualy with an annual installment for one single player.
In the 2014-15 season, the impact on the budget will be extremely positive. In the other hand, we made a lot of commitments to next years.
2014-15
Money in:
- Immobile 8M (we got the payment upfront);
- Vucinic 6.5M (payment upfront by the arabs)
- Zaza 2.5M (7.5M x 3 installments)
- Peluso 1.6M (5M x 3)
- Quagliarella 1.2M (3.5M x 3)
- Isla 4M (8M x 2 ) - Isla is my assumption, given the interest from EPL teams who can pay more cash upfront
Total money in 2014-15: roughly 24M.
Spent:
- Morata 6.6M (20x3)
- Pereyra 1.5M (+ 4.8x3 + 1.5M bonus till 2020)
- Marrone 1.5M (4.5M x 3)
- Isla 2.2M (4.5M x 2)
- Pasquato 0.75M (1.5M x 2)
- Sturaro 1.8M (5.5M x 3 + future bonus)
- Sorensen 0.75M (1.5M x 2) - my assumption
- Coman 0
- Evra 0.75M (1.5M x 2)
- Romulo 1M (+ 7M in installments)
Total money to be spent in 2014-15: roughly 17M.
So this specific season, so far, considering only cash movement, there's a profit of 7M.
It shows how this club is tight with money.
Let's see next year how it will be done. But we already have like 50M compromised in the future for new signings of this season and the next, to be spread in annual installments.
Obs: salaries kind of compensate themselves, considering Evra replaces Vucinic, Morata Quag's, and actually we will raise Pogba's salary.