The Financial Situation (56 Viewers)

[Fr3sh]

Maybe we should do like the NBA teams do and move to another city

lets move to munich
one step closer to merge

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k im almost done pooping n imma go to bed for realz noq
have good niht

 

Buy on AliExpress.com

[Siamak]

We're on course to make around 45M in profit this year.


http://www.around-j.com/juve-set-post-record-numbers/

Who cares!

 

[campionesidd]

Old news.

 

[AFL_ITALIA]

Bonucci on $9M

 

[JuveJay]

http://www.juventus.com/en/news/news/2017/board-approves-draft-financial-statements-2017.php

http://www.juventus.com/media/nativ... 22092017 approvazione bozza bilancio eng.pdf

 

[Hust]

Crushing it in revenue

Brought debt down too

 

[Quetzalcoatl]

Nice Great results.

Imagine how much better it would be if Beppe wasn't stealing so much @Turk_Bianconero

 

[Hust]

The year 2016/2017 confirms the improvement reported in previous years; for the third year the business closed with a profit




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Nice Great results.

Imagine how much better it would be if Beppe wasn't stealing so much @Turk_Bianconero

lol you beat me to the Beppe/Turk punchline

 

[The Quazis]

Our revenue grew from 387.9mln to freaking 562.7mln in a year! What's next for us Beppe, 600mln revenue frontier beaten?

 

[juve123]

I can't understand that we have reached 562 million revenue in a year yet our net spending for last two years is close to 40 million euros

 

[campionesidd]

I can't understand that we have reached 562 million revenue in a year yet our net spending for last two years is close to 40 million euros

What can't you understand about it? Juve have always prided themselves on being a sustainable club, just like Bayern.

 

[Quetzalcoatl]

I can't understand that we have reached 562 million revenue in a year yet our net spending for last two years is close to 40 million euros

Looks like they're tying to pay off the debts.

The net profit increased 38.5 while the net debt decreased 36.9

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lol you beat me to the Beppe/Turk punchline

 

[Turk_Bianconero]

Nice Great results.

Imagine how much better it would be if Beppe wasn't stealing so much @Turk_Bianconero

He is also getting a quite big portion of 197m wages. That is why the wage gap between us and the others are getting bigger, while quality difference is getting smaller.

 

[Quetzalcoatl]

He is also getting a quite big portion of 197m wages. That is why the wage gap between us and the others are getting bigger, while quality difference is getting smaller.

Right right... now I'm woke

 

[juve123]

Looks like they're tying to pay off the debts.

The net profit increased 38.5 while the net debt decreased 36.9

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Why are we so dependant on UCL results and can we catch up with likes of real Madrid

 

[campionesidd]

He is also getting a quite big portion of 197m wages. That is why the wage gap between us and the others are getting bigger, while quality difference is getting smaller.

 

[Quetzalcoatl]

Why are we so dependant on UCL results and can we catch up with likes of real Madrid

Cuz the other sources of revenue like TV rights, merchandising, commercial revenue and ticket sales are much less than those of Real, Barca, Bayern and EPL teams.

So nah, we probably can't catch up with them.

 

[Hust]

Looks like they're tying to pay off the debts.

The net profit increased 38.5 while the net debt decreased 36.9

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All the loans are turning into obligations now. Those pesky payments we kicked down the road are here

 

[juve123]

What can't you understand about it? Juve have always prided themselves on being a sustainable club, just like Bayern.

Yes but our net spending should be closer to 70 million or 80 million per season

 

[Hust]

Juve smash record figures
By Football Italia staff

Juventus have smashed their own financial records for 2016-17, turning over almost €200m more than the previous year.

Juve’s balance sheet for the 16-17 financial year saw them earn €562.7m in revenue, with €42.6m of that being pocketed as profit – a huge increase on their respective figures of €387.9m and €4.1m from 15-16.

“The 2016-17 financial year confirmed the improving trend seen in recent years; for the third consecutive year, the board ended with a balance-sheet profit,” read a summary on the Bianconeri’s official website.

“The board of directors has approved the draft budget for the year that ended on June 30, 2017, showing a profit of €42.6m, which will be allocated to [the club’s] reserves.

“The 17-18 financial year will be strongly influenced by [Juve’s] sporting results, particularly in the Champions League.

“The Ordinary Shareholders’ Meeting will be held on October 24, 2017 at the Allianz Stadium.”

Juve won another domestic double last season, but it was their run to the Champions League Final that proved to be the real money-spinner.

However, the Bianconeri’s statement added a loss was being forecasted for 17-18, meaning their capital gains will not be reinvested immediately.

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Turks rage