The Financial Situation (73 Viewers)

[Mike-e-y]

Correction. Our official sponsor is New Holland, it's a division in the Fiat group. So instead of money, they give us harvesters and tractors. At least, agricultural wise, we are ahead of everyone else in serie a. We should be proud of this.

thats why we keep complaining about the state of our opponents pitches. They dont have the same quality of combine harvester that we have

 

Buy on AliExpress.com

[Stephan]

Hiddink should like everything related to Holland though.

 

[Stephan]

And its new, so it must be good.

 

[soulslider]

http://www.index.hr/sport/clanak/ue...-ukupno-duguje-34-milijarde-funti/470743.aspx

the article is in croatian , it says about possibility of UEFA baning some of the english clubs and also Real Madrid and Inter from european competitons because of their large debts.

There's no mention of Juventus but there is a list of clubs who owe the most money and we are there with 147 mil . pounds

 

[Stephan]

No one will be banned, to think about that, is silly. CL needs these clubs as much as these clubs need CL.
The competition will loose its appeal without those teams.

Keep dreaming i say.

 

[El Santo]

thats why we keep complaining about the state of our opponents pitches. They dont have the same quality of combine harvester that we have

Exactly. :thumbs:

 

[IrishZebra]

147 Million? Don't think so.

Those are by no means the concrete figures, that is definitely and estimate to do with our stadium financing. We're closer to 50Million hard unmaleable debt, with at most another 20 short term operational debt.



Thos clubs will be kicked out.

 

[Oggy]

The article say that those informations for non-english clubs are based on the research of Jose Marija Gay, financial expert and professor in Barcelona.

So, yes he could be easily wrong...

 

[v1rtu4l]

The article say that those informations for non-english clubs are based on the research of Jose Marija Gay, financial expert and professor in Barcelona.

So, yes he could be easily wrong...

gays are always wrong ... they even mix up the genders and holes

 

[C4ISR]

Has something actually happened or been said to cause people to say the club has no money?

Or are people just angrily flailing around like normal after a bad result?

Nothing has happened. It's your typical fear mongering. We undoubtedly took a financial hit from our early CL exit, but it is certainly nothing that will cripple us.

We are looking at bargains in the transfer market because our board are extremely anal when it comes to the balance sheet and will only spend within their means (unlike pretty much every top club), NOT because we are broke like Liverpool, Man Utd, etc and have no money to spend.

http://www.index.hr/sport/clanak/ue...-ukupno-duguje-34-milijarde-funti/470743.aspx

the article is in croatian , it says about possibility of UEFA baning some of the english clubs and also Real Madrid and Inter from european competitons because of their large debts.

There's no mention of Juventus but there is a list of clubs who owe the most money and we are there with 147 mil . pounds

That article is bullshit. £147m also happens to be suspiciously close to the cost of our stadium (it's actually £137m), and they assume this is all debt when in reality around 68% of it is entirely financed through sponsors (Sportfive deal and the Nordiconad sale).

The only recent debt we have is a loan of €50m to help cover the remaining cost of the stadium, and it is payable over 12 years, which is hardly a concern.

 

[Bianconero81]

Why are we even discussing the CL? We might not be there

 

[Salvo]

Because it takes a long time to go through the negotiations, or we haven't even started yet. For Chelsea it was instant because of his relationship with Abramovich.

I think the support of Ciro is purely to keep a positive attitude in the dressing room, which is important even if the results say it's demolished.

even when the rumours were going crazy didnt they say it would happen after the chievo match?

and giving away tiago and molinaro surely did free up a bit of wage money no? fucken take out another loan.

 

[Vinman]

financial situation- if we dont make it to the CL next season, WE LOSE MONEY !!!

any other questions ???

 

[Vinman]

if we spend a ton of money on a new stadium, and put a shit team on display, then no one will buy tickets.....then WE LOSE MONEY !!!

any other questions ?????

 

[Albertmare]

I hope some Sheikh from Middle East would donate their "kindness" for us :superhapp

 

[Salvo]

wasnt there that prince, the one that wanted to buy juve or loved em?

tell him to buy a stake in the club lol.

 

[only-juve]

wasnt there that prince, the one that wanted to buy juve or loved em?
tell him to buy a stake in the club lol.

i know that guy he's actually a mod in one of Juve's arabic forums.

He convinced our managers i think two years ago to open one of Juve's shops in saudi arabia. The guy is pretty young and he's not that much wealthy

 

[IrishZebra]

Those debt figures are bullshit estimates.

 

[Paid-off-Ref]

Well if you look at Juve´s balance sheet in the annual report for last season it is quite obvious that the article is somewhat accurate.

Total non-current liabilities
84,845,494 euros
Total current liabilities
103,426,895 euros

In total that is 188,272,389 euros

 

[Paid-off-Ref]

BTW it is normal for companies to have debt, and for big ones to have lots of debt. Most big strong companies are financed more by debt than by equity. As long as cash flows are high enough to pay the debt and equity is positive there is nothing to worry about.