The Financial Situation (12 Viewers)

Hustini

Senior Member
Hustini
May 29, 2005
86,323
The salary cut from the players will help protect the budget and provide a 'parachute' in case the season ends now. [CdS]

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Banca IMI estimates in the worst case scenario, Juventus could lose up to €110m this season: €5m related to TV rights of Serie A & CL, €40m from sponsorship & €20m from game day revenue.
 

Hustini

Senior Member
Hustini
May 29, 2005
86,323
pulling over from other thread as well...

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Juventus 'positioned for sustainable future'
By Football Italia staff


Holding company Exor “believe Juventus is well positioned for a more sustainable future” and “starts the next stage of its journey with a strong position in European football” after increasing revenue by 23%.
President John Elkann, one of the heirs to the Agnelli family that has owned Juventus since the early 20th Century, released a lengthy letter to investors today.
It included a message on Juventus, as Exor own 63.77 per cent of the football club.
“On the commercial side, Juventus’ revenues grew to €621 million (€505 million in 2018, +23%) and its diversification strategy continued with the opening of the J-Hotel (the first hotel structure in Italy built in collaboration with a football club) and the opening of a branch in Hong Kong to increase its exposure to the Asian market,” wrote Elkann to shareholders.
“The club now has 420 million supporters worldwide. This number is strengthened by its digital audience, with 41 million on Facebook, 38 million on Instagram, 11 million on Twitter, 2.6 million on YouTube and 2.6 million on SinaWeibo.
“We invested in Juventus this year by underwriting our entire portion, equal to €191 million (63.8% of the share capital) of the fully subscribed capital increase of €300 million. This year the club also issued a €175 million bond, the first unsecured senior bond issued by a football club.
“With its newly-strengthened balance sheet we believe that Juventus is well positioned for a more sustainable future in an industry in which the extraordinary revenue growth of the last decade has not been translated into sufficient profitability.
“Juventus also starts the next stage of its journey with a strong position in European 10 football. For the fourth year in the row it has been the fifth club in UEFA’s official ranking and it is the only Italian club to have been consistently placed in the top 10 for the last 5 years.
“It will continue to work with other teams and institutions under the strong leadership of its Chairman, Andrea Agnelli, who also chairs the European Club Association, to secure a sustainable future for the most popular sport in the world.”
 
Apr 19, 2007
3,553
Interesting thought.
If teams budgets are destroyed they will not meet FFP guidelines. Obviously they will suspend them or have some new measure. Who will this help if they remove FFP for 3 years or so and some teams hurting worse than others? Also the oil backed teams are about to struggle IMO
 

s4tch

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Mar 23, 2015
12,516

usual long ass thread by swiss ramble on coronavirus effects on manure's q3 financial results for those interested. we're going to be hit just as hard (or even harder) than manure.
 

Hustini

Senior Member
Hustini
May 29, 2005
86,323
From the Pogba article I posted in Pogba thread, it says "according to TS & CDS" we are implemented a 9m salary cap for NEW signings.

Accurate?

Fake news?
 

s4tch

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Contributor
Mar 23, 2015
12,516
Most of the losses made in this quarter (TV money) should be made up in the next once the season is concluded?
my guess is that most sponsors will suffer the consequences of the crisis, so even if the tv rights aren't affected on the short run, most clubs will experience loss of revenue. when chelsea doesn't take their 8m (!!!) option on boga (easily 20m player imo), you know that even the english clubs lack liquidity.

we're out of the 10 most valuable clubs, claims kpmg:

 

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