The Financial Situation (72 Viewers)

[Nzoric]

We will be kicked out of CL for sure...

Of course, do you really think that they'd put the club into trouble on purpose and they don't know how much they're spending?

Just watch this if you still doubt me.

"biased media "

great interview, just finished this.

Everyone who is claiming it's so easy for us to splash the cash on a striker should take a look at this interview where the president himself is explaining how we're structuring the business and how much more work there is to be done before we have complete financial stability.

 

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[Salvatore]

It would be interesting to see a comparison of our wage bill now, last season and before Marotta's time.

Last two years it was at €100m. Gazzetta needs to release this years figures still, should be soon.

 

[ZoSo]

Last two years it was at €100m. Gazzetta needs to release this years figures still, should be soon.

I wonder if Milan will still have a higher wage bill

 

[Red]

Last two years it was at €100m. Gazzetta needs to release this years figures still, should be soon.

And it was at about 120m per year prior to that.

 

[Socrates]

Everyone who is claiming it's so easy for us to splash the cash on a striker should take a look at this interview where the president himself is explaining how we're structuring the business and how much more work there is to be done before we have complete financial stability.

The problem is that many people have no clue what it means to run a business or manage money. These are the same people blaming Marotta for not dropping 30mil on a striker like he was buying a cup of coffee.

 

[Vlad]

It would be interesting to see a comparison of our wage bill now, last season and before Marotta's time.

2009/10 127 M
2010/11 126.9M
For 3/4 of 2011/12 it was 99M while last year it was 97M, so it will be almost the same amount. The numbers are from Juventus official website.

The problem is that many people have no clue what it means to run a business or manage money. These are the same people blaming Marotta for not dropping 30mil on a striker like he was buying a cup of coffee.

Exactly, anyway here are the revenues for this season:
196.500.000 for 2011/12 compared with 154.000.000 from last year. You can see raise in revenues of 27% as a result of different variables such as more tickets being sold, raise in commercial and more money recieved from sponsors. All this will be more clear when Board of Directors approve results for 2011/12 with financial reports.
For next year 2012/13 further increasment in revenues are expected and they will reach approximately 270.000.000 as a result of: CL revenue +35M, premium for Supercoppa +5M, more expensive tickets and museum +9M, new sponsors and commercials +5M, international merchandasing +10M, and higher revenues for TV rights +10M.

 

[Quetzalcoatl]

Wow, well that's great. A much better squad on massively reduced wages.

 

[Trequartista]

Do you think we will still generate a deficit this new season? I know that we still had a significant deficit(mainly because of lack of CL) last season.

 

[Nzoric]

Do you think we will still generate a deficit this new season? I know that we still had a significant deficit(mainly because of lack of CL) last season.

It was much better last season than the one before that, we're slowly balancing out the books - which is a good thing

 

[Trequartista]

It was much better last season than the one before that, we're slowly balancing out the books - which is a good thing

Indeed.

 

[Nzoric]

And again it just draws the line under the main argument explaining why we're not going to spend 30m on a new striker. We might generate close to 80million more revenue this season, but our transfer kitty and transfer strategy remains the same as we're still repairing a damaged economy.

 

[Joe]

2009/10 127 M
2010/11 126.9M
For 3/4 of 2011/12 it was 99M while last year it was 97M, so it will be almost the same amount. The numbers are from Juventus official website.


Exactly, anyway here are the revenues for this season:
196.500.000 for 2011/12 compared with 154.000.000 from last year. You can see raise in revenues of 27% as a result of different variables such as more tickets being sold, raise in commercial and more money recieved from sponsors. All this will be much clearer when Board of Directors approve results for 2011/12 with financial reports.
For next year 2012/13 further increasment in revenues are expected and they will reach approximately 270.000.000 as a result of: CL revenue +35M, premium for Supercoppa +5M, more expensive tickets and museum +9M, new sponsors and commercials +5M, international merchandasing +10M, and higher revenues for TV rights +10M.

Wow, awesome.

 

[Trequartista]

And again it just draws the line under the main argument explaining why we're not going to spend 30m on a new striker. We might generate close to 80million more revenue this season, but our transfer kitty and transfer strategy remains the same as we're still repairing a damaged economy.

B81 would probably sell Juventus Stadium in order to finance the signing of a "star striker", if he could

 

[Nzoric]

B81 would probably sell Juventus Stadium in order to finance the signing of a "star striker", if he could

probably !

 

[Quetzalcoatl]

Soon we will probably be to Serie A what Bayern is to Bundesliga - so far advanced of everyone else in terms of financial power and infrastructure.

 

[Joe]

Soon we will probably be to Serie A what Bayern is to Bundesliga - so far advanced of everyone else in terms of financial power and infrastructure.

I hope so.

 

[Hydde]

B81 would probably sell Juventus Stadium in order to finance the signing of a "star striker", if he could

Lol true. More if the dud was Jovetic. He would probably sell the clubto buy him

 

[Vlad]

Do you think we will still generate a deficit this new season? I know that we still had a significant deficit(mainly because of lack of CL) last season.

Yes they expect significant deficit this year as well but much less than in 2010/11. It will be around 40M while the year before we recorded more than 90M of deficit.

And again it just draws the line under the main argument explaining why we're not going to spend 30m on a new striker. We might generate close to 80million more revenue this season, but our transfer kitty and transfer strategy remains the same as we're still repairing a damaged economy.

We still spend more than we earn so 30M on a striker or any other player is impossible .

 

[Paid-off-Ref]

2009/10 127 M
2010/11 126.9M
For 3/4 of 2011/12 it was 99M while last year it was 97M, so it will be almost the same amount. The numbers are from Juventus official website.


Exactly, anyway here are the revenues for this season:
196.500.000 for 2011/12 compared with 154.000.000 from last year. You can see raise in revenues of 27% as a result of different variables such as more tickets being sold, raise in commercial and more money recieved from sponsors. All this will be much clearer when Board of Directors approve results for 2011/12 with financial reports.
For next year 2012/13 further increasment in revenues are expected and they will reach approximately 270.000.000 as a result of: CL revenue +35M, premium for Supercoppa +5M, more expensive tickets and museum +9M, new sponsors and commercials +5M, international merchandasing +10M, and higher revenues for TV rights +10M.

Where did you get the info on the 2011/12 revenues? Looked through the investor relations section on juventus.com and I didn't see anything.

 

[Joe]

Don't all big clubs run deficits?