Juve is red alert: 2009/10 budget closed at a loss for 11 million!
The board of directors of Juventus, was held in the new stadium site, today approved the Draft Budget for the year ended 30 June 2010 which will be submitted to Ordinary Shareholders convened for 27 October 2010 on first call and Oct. 28 second call.
The accounts of the company, unfortunately, are in red. Juventus FC have in fact ended the year to June 30, 2010 with a net loss for 11 million euros, against a positive balance of 6.6 million a year earlier.
This result explains Juventus in a statement differs from the sequence data shown in interim report approved Aug. 6, 2010 (which included a net loss 5.1 million) due to the devaluation of the carrying value of the residual right From the player's performance Cunha Diego, accounted for following the sale took place in late August.
Revenues amounted to 240.2 million euros, unchanged compared to 240.4 milionidel same period last year, while operating costs totaled 196.5 million, an increase of 1, 2% below 194 , above 2 million. The operating result was positive for 5.2 million, down from 13.9 million last year.
Equity at 30 June 2010 amounted to 90.3 million, down from 101.8 million in the June 30, 2009, while net financial position was positive for 6.4 million, down from the positive balance of 25 6000000 30 June 2009.
google translation
The board of directors of Juventus, was held in the new stadium site, today approved the Draft Budget for the year ended 30 June 2010 which will be submitted to Ordinary Shareholders convened for 27 October 2010 on first call and Oct. 28 second call.
The accounts of the company, unfortunately, are in red. Juventus FC have in fact ended the year to June 30, 2010 with a net loss for 11 million euros, against a positive balance of 6.6 million a year earlier.
This result explains Juventus in a statement differs from the sequence data shown in interim report approved Aug. 6, 2010 (which included a net loss 5.1 million) due to the devaluation of the carrying value of the residual right From the player's performance Cunha Diego, accounted for following the sale took place in late August.
Revenues amounted to 240.2 million euros, unchanged compared to 240.4 milionidel same period last year, while operating costs totaled 196.5 million, an increase of 1, 2% below 194 , above 2 million. The operating result was positive for 5.2 million, down from 13.9 million last year.
Equity at 30 June 2010 amounted to 90.3 million, down from 101.8 million in the June 30, 2009, while net financial position was positive for 6.4 million, down from the positive balance of 25 6000000 30 June 2009.
google translation
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Not to be an ass, but somebody just posted that same article yesterday.
