The Financial Situation (77 Viewers)

[Suns]

Could you explain how you came up with an average attendance of 35.000?

No thought behind it, just would love to see most of the stadium being utilized. You never know if the people from Turin will show up on a regular basis or not.

Dooooooooooomed?

No, not doomed, just comparing a bit. We always got shit loads of broadcasting money because we're Italy's biggest team and thats where we had our advantage since we're nowhere close to averaging around 50000 like Inter and Milan do.

 

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[Paid-off-Ref]

But we will probably take in more cash from our stadium than Milan and Inter even though we average less. Sky boxes and the VIP clubs that our stadium is equipped with will bring in revenue that the San Siro can't in it's current state. Not to mention commercial revenue from shops, museum and other attractions around the stadium.

 

[JuveJay]

 

[Paid-off-Ref]

I think people are also forgetting that in the long run Juventus is probably better situated than most clubs in the world. 14 million domestic fans. Domestic fans are a lot more lucrative than those from overseas. I don't think any other club in Europe has that many domestic fans (maybe someone can correct me).

 

[JuveJay]

Man Utd's estimates are ~4m in the entire UK. The entire population of Catalonia is ~7.5m, for example, so I'd say that was right.

 

[only-juve]

I think people are also forgetting that in the long run Juventus is probably better situated than most clubs in the world. 14 million domestic fans. Domestic fans are a lot more lucrative than those from overseas. I don't think any other club in Europe has that many domestic fans (maybe someone can correct me).

Those numbers were back in the glory days, things have changed since then.

I'd like to see the current numbers and we can really compare .

 

[Buck Fuddy]

I think people are also forgetting that in the long run Juventus is probably better situated than most clubs in the world. 14 million domestic fans. Domestic fans are a lot more lucrative than those from overseas.

How is a domestic fan, from say Pescara, more lucrative than for example a French fan?

 

[Paid-off-Ref]

How is a domestic fan, from say Pescara, more lucrative than for example a French fan?

I was talking about in respect to the stadium. Domestic fans are a lot more likely to actually go to the new stadium (and more frequently), shorter distance, less hassle and cheaper travel for them. What I am saying is that with our new stadium we have great potential to tap into that market, maybe it won't happen immediately but probably in the long run.
Also I think domestic fans are at least a little more likely to spend more money on merchandise, partly because they actually go to games, in Turin or anywhere we are playing.

 

[Buck Fuddy]

I was talking about in respect to the stadium. Domestic fans are a lot more likely to actually go to the new stadium (and more frequently), shorter distance, less hassle and cheaper travel for them. What I am saying is that with our new stadium we have great potential to tap into that market, maybe it won't happen immediately but probably in the long run.
Also I think domestic fans are at least a little more likely to spend more money on merchandise, partly because they actually go to games, in Turin or anywhere we are playing.

I take it you don't know where Pescara is located or what size country Italy is?

I, as a Belgiummer, live closer to Turin than quite a few Italians. So being a "domestic" fan really doesn't mean anything outside of the Torino-Milano-Genoa region. Especially since Juve has a large fan base in the lower regions of the boot.

 

[Paid-off-Ref]

I didn't know where it was, sorry. But the fact of the matter is that most Italians live closer to Turin than most foreigners. Not to mention they are closer to the next Serie A match than most foreigners. It's way more economical for the average Italian to go to a game in Turin than the average foreigner. You live closer than many Southern Italians, but most foreigners don't.

 

[Buck Fuddy]

Fact of the matter is that most average Italians live to far away to regularly attend games, just like the average foreigner does.
That's why I specifically mentioned the Milano-Genoa-Torino area, once you go outside of that area travel distances / travel times become too big to attend games every (other) week. Hell, even inside that area you're talking about 150km (or more) distances.

 

[Suns]

I have a small question, maybe its stupid but take it for what it is. Besides salaries and transfer fees, what types of other big expenses does a professional team like Juventus have?

 

[KB824]

I have a small question, maybe its stupid but take it for what it is. Besides salaries and transfer fees, what types of other big expenses does a professional team like Juventus have?

Stadium maintenance and upkeep
Security

Insurance

Travel expenses

I also forgot per diem expenses

 

[Paid-off-Ref]

Fact of the matter is that most average Italians live to far away to regularly attend games, just like the average foreigner does.
That's why I specifically mentioned the Milano-Genoa-Torino area, once you go outside of that area travel distances / travel times become too big to attend games every (other) week. Hell, even inside that area you're talking about 150km (or more) distances.

That's why it's so nice there are 14 million of them. The same people don't need to come once or twice a month.

 

[only-juve]

That's why it's so nice there are 14 million of them. The same people don't need to come once or twice a month.

Yet we barely have on average 25 thousands turning up in the stadium !!

Sorry this whole argument is a bit lame, Manchester United have as someone here said just 4 million supporters in the UK and we have 14 millions in Italy yet 70K turn out for their games every week and we barely have 25K going to our games.

So those 14 millions are pretty much useless.

 

[KB824]

Yet we barely have on average 25 thousands turning up in the stadium !!

Sorry this whole argument is a bit lame, Manchester United have as someone here said just 4 million supporters in the UK and we have 14 millions in Italy yet 70K turn out for their games every week and we barely have 25K going to our games.

So those 14 millions are pretty much useless.

But you also have to realize that although the olimpico was recently restored, it still lags behind many stadiums as far as quality and amenities are concerned. one of the goals for Juventus with the new stadium is to make it a more family friendly enviroment, which could, in turn, result in a higher attendance rate for each match. They also want to make it safer so that any Non-Ultra's, and yes, fans of opposing squads, will be able to come and have a reasonable experience.

The Delle Alpi was simply too spacious, and too isolated from the action on the pitch to have an enjoyable day.

 

[swag]

But you also have to realize that although the olimpico was recently restored, it still lags behind many stadiums as far as quality and amenities are concerned. one of the goals for Juventus with the new stadium is to make it a more family friendly enviroment, which could, in turn, result in a higher attendance rate for each match. They also want to make it safer so that any Non-Ultra's, and yes, fans of opposing squads, will be able to come and have a reasonable experience.

The Delle Alpi was simply too spacious, and too isolated from the action on the pitch to have an enjoyable day.

As long as it comes with a cage for visiting Liverpool fans, we should be ok.

 

[CAPITANO]

Juventus Says It's Unclear on Future of Libya's 7.5% Stake in Soccer Team

Juventus Football Club SpA says it’s unclear what will happen to the 7.5 percent stake in the soccer team held by Libya’s state-owned investment company amid continuing political unrest in the north African nation.

Libyan leader Muammar Qaddafi’s Libyan Arab Foreign Investment Company SA, or Lafico, is the second-largest shareholder in the record 27-time Italian champion, with a holding worth 13.1 million euros ($17.9 million) at the current share price. The stake has been reported in regulatory filings.

Company official Khaled Zentuti is a member of Juventus’s board, which next meets Feb. 28 to discuss half-year earnings, although the team doesn’t know if he’ll attend.

“I suppose Lafico has many other problems regarding internal governance,” Marco Re, a spokesman on the club’s corporate affairs, said in a telephone interview today. “I have no idea what they’re going to do with regards Juventus.”

A receptionist at Lafico’s office in Rome said there was no one available. Calls to the company’s offices in Libyan capital Tripoli went unanswered.

Qaddafi, 68, yesterday denied reports he’d fled Libya as diplomats resigned and soldiers deserted in protest over a crackdown on anti-government demonstrators. Clashes between protesters and security forces have left more than 200 people dead in the past week, according to Human Rights Watch. Qaddafi has led Libya for 41 years.
Former Player

“They’ve always supported the company, for example they participated fully with the recent capital increase in 2007,” Re said of Lafico, adding that Italian companies haven’t had a problem dealing with Qaddafi’s regime. “We are an investment for them.”

Lafico has owned a stake in Juventus since the club floated in 2001. Re said it was partly for financial reasons and also because one of the Libyan leader’s sons, Al-Saadi Qaddafi, is a fan of the Turin-based team.

“He’s followed Juventus very much,” Re said. “He was interested in the company from an economic point of view but also as a fan he wanted to know the results.”

The 37-year-old younger Qaddafi once played professional soccer. He represented teams in Libya before joining Italy’s Perugia in 2003. In two years there he made just one appearance before joining Udinese where he also featured once. He joined Sampdoria for the 2006-07 season, without playing a match. He also scored two goals in 18 matches for the Libyan national team.

Shares in Juventus, which says it’s Italy’s most popular team among domestic fans, were 3.3 percent lower at 86.8 euro cents yesterday for a market value of 174.9 million euros. Juventus, sixth in Serie A, hasn’t won the league since being stripped of the 2005 and 2006 titles after a corruption scandal. It won the European Cup, the continent’s top club competition, in 1985 and 1996.

The main shareholder in the club, with a 60 percent stake, is the Agnelli family, which controls carmaker Fiat SpA.

http://www.bloomberg.com/news/2011-02-22/juventus-says-it-s-unclear-on-future-of-libya-s-7-5-stake-in-soccer-team.html

 

[Hust]

 

[Juve_Kosova]

The Agnelli's should buy thoes 7.5% from Gaddafi.......and sell the club to Bill Gates