The Financial Situation (77 Viewers)
- Thread starter ReBeL
- Start date
Juventus' financial reports make no mention of debts that large. They could be lying, but given Juve are listed on the Italian stock exchange, they would never dream of fudging their books and producing bullshit public reports, as the consequences would be even worse than the summer of 2006. That amount is roughly the total amount of our stadium, and that researcher assumes we borrowed all of it, when in fact the majority was covered by the sportfive and nordiconad deals.
I think what they mean when they say "in the green" is that we aren't spending more than we are earning. And that gap may be considerable since we have been so stingy lately.
We have our revenue that is what we make versus what we pay(spend). I think now that our club has been thru hell and we have our own stadium on the way we are becoming more fiscally responsible than we have been in the past.
That may change if we continue to overpay for trash like poulsen, tiago, zebina, etc.
We are consciously trying to sell this dead wood so at least its nice the club recognizes this as a potential long term issue and this market we are much tougher than Secco and Co to deal with.
We might always have debt, operating costs, etc...all companies do and 114m might look big but considering the size of the club and the way we are moving doesn't seem that significant at all.
That's how I take it anyways.
We have our revenue that is what we make versus what we pay(spend). I think now that our club has been thru hell and we have our own stadium on the way we are becoming more fiscally responsible than we have been in the past.
That may change if we continue to overpay for trash like poulsen, tiago, zebina, etc.
We are consciously trying to sell this dead wood so at least its nice the club recognizes this as a potential long term issue and this market we are much tougher than Secco and Co to deal with.
We might always have debt, operating costs, etc...all companies do and 114m might look big but considering the size of the club and the way we are moving doesn't seem that significant at all.
That's how I take it anyways.
their fixed the list 1. Barcelona is in huge debt couldn't even pay players wages for 1 month. Real madrid are self explanatory lol. Man Utd, that glazer debt not the clubs. Inter/Ac screw them. Arsene runs arsenal well so I doubt they are in much debt. I chose not to believe that Chelsea have no debts.
http://www.juventus.com/site/filesi...conto_al_31_marzo_2010_definitiva_inglese.pdf
The statement says that the Debt/Equity ratio is "not significant" considering "the Company had no debts at 31 March 2010 and at 30 June 2009." But clearly from the financial position statement they have debts to leasing companies.
I wish I had more accounting in college. Not sure what to make of it.
The statement says that the Debt/Equity ratio is "not significant" considering "the Company had no debts at 31 March 2010 and at 30 June 2009." But clearly from the financial position statement they have debts to leasing companies.
I wish I had more accounting in college. Not sure what to make of it.