The Financial Situation (34 Viewers)

[PedroFlu]

Juventus has always been the best managed club in Italy. By far. And definitely one of the most well managed clubs in Europe. Juventus combined a winning mentality with profit, which is almost impossible in football. And we were about to explode if it weren't for Moratopolli.

Future looks really bright for us. We are not drowned in debt and the revenue went from 170M - 210M - 250/270M (2012/2013).

If in the end of this season we get 270M in revenue we will be between the 7h-5th club with the biggest revenue in the whole world. Top 4 are virtually impossible to reach within the next years due to their huge merchandising profit (Barcelona, Real Madrid, Manchester United, Bayern Munich). But we have a very good shot to be the best after these 4.

Now, we won't be the "Italian Bayern" in the next years because other teams in Italy can make a lot of money - Milan makes stg between 200/230M almost every year, and Inter around 200M. But we could even break the 300M marke in 2 or 3 years, depending o the management ability to increase the international merchandising and the team's performance.

And I've been reading in Italian forums that the stadium could be expanded - but I don't know how much.

 

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[Trequartista]

Juventus has always been the best managed club in Italy.

Except between 2006 and 2010.

 

[PedroFlu]

Except between 2006 and 2010.

Yep

 

[Fake Melo]

Juventus has always been the best managed club in Italy. By far. And definitely one of the most well managed clubs in Europe. Juventus combined a winning mentality with profit, which is almost impossible in football. And we were about to explode if it weren't for Moratopolli.

Future looks really bright for us. We are not drowned in debt and the revenue went from 170M - 210M - 250/270M (2012/2013).

If in the end of this season we get 270M in revenue we will be between the 7h-5th club with the biggest revenue in the whole world. Top 4 are virtually impossible to reach within the next years due to their huge merchandising profit (Barcelona, Real Madrid, Manchester United, Bayern Munich). But we have a very good shot to be the best after these 4.

Now, we won't be the "Italian Bayern" in the next years because other teams in Italy can make a lot of money - Milan makes stg between 200/230M almost every year, and Inter around 200M. But we could even break the 300M marke in 2 or 3 years, depending o the management ability to increase the international merchandising and the team's performance.

And I've been reading in Italian forums that the stadium could be expanded - but I don't know how much.

But Inter & Milan have huge debt though.

 

[Linebreak]

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

What did Marotta then expect to pay when he was chasing the likes of Augero, Cavani and RVP? He recently said that we were priced out of an RVP deal (ManU paid in the region of 30m)

Star players, who cost more money, lead to increased revenue from all aspects.

- Better merchandise sales
- Better TV rights deals
- More success on the field leading to increased revenue all round from things like continued CL appearances

Ronaldo jersey sales at Madrid alone would have covered a healthy amount of his transfer cost.

It's fantastic to see that Juve is getting its finances in order, but don't expect to go that further step if you're never going to invest, yes INVEST, in top quality players that cost a lot of money.

 

[Hust]

What did Marotta then expect to pay when he was chasing the likes of Augero, Cavani and RVP? He recently said that we were priced out of an RVP deal (ManU paid in the region of 30m)

Star players, who cost more money, lead to increased revenue from all aspects.

- Better merchandise sales
- Better TV rights deals
- More success on the field leading to increased revenue all round from things like continued CL appearances

Ronaldo jersey sales at Madrid alone would have covered a healthy amount of his transfer cost.

It's fantastic to see that Juve is getting its finances in order, but don't expect to go that further step if you're never going to invest, yes INVEST, in top quality players that cost a lot of money.

Not always. Say his knee snaps on day 1.

 

[Trequartista]

Not always. Say his knee snaps on day 1.

Andrade style?

 

[Hust]

Exactly.

Always some sort of risk involved, even of you don't plan for it.

Brazilian Ronaldo at Milan.

 

[Linebreak]

Not always. Say his knee snaps on day 1.

Shrewd point. You're right we should never take the risk! I can't believe clubs like Madrid, Barca, City, Chelsea and ManU do it - what success has it brought them!

 

[Trequartista]

People should stay away from debt. People shouldn't go into debt with their credit card, governments shouldn't spent their way into deficits and indebtment and clubs shouldn't indebt themselves by spending a massive amount of money on a "star player".

 

[Hust]

Shrewd point. You're right we should never take the risk! I can't believe clubs like Madrid, Barca, City, Chelsea and ManU do it - what success has it brought them!

Just saying, you never know.

But seriously, it's good we have a limit on how much we spend. Barca, real, city, PSG are financed with unlimited funds, we have limited funds. Big difference.

 

[Linebreak]

People should stay away from debt. People shouldn't go into debt with their credit card, governments shouldn't spent their way into deficits and indebtment and clubs shouldn't indebt themselves by spending a massive amount of money on a "star player".

I actually completely agree - debt is repugnant - but at times, if you want to succeed financially, you have to have some sort of significant outlay, not something that would mean you'd have to sell your house (or stadium), but something within reason. 30m on a player wouldn't have shut Juve down.

 

[Hust]

People should stay away from debt. People shouldn't go into debt with their credit card, governments shouldn't spent their way into deficits and indebtment and clubs shouldn't indebt themselves by spending a massive amount of money on a "star player".

Fuck Obama

 

[Trequartista]

I actually completely agree - debt is repugnant - but at times, if you want to succeed financially, you have to have some sort of significant outlay, not something that would mean you'd have to sell your house (or stadium). 30m on a player wouldn't have shut Juve down.

Yes, but it still a significant risk considering that our club has not yet fully recovered financially from the Secco era.

 

[Hust]

Yes, but it still a significant risk considering that our club has not yet fully recovered financially from the Secco era.

Calciopoli*

 

[Trequartista]

Fuck Obama

Bush too, he started the spending spree that created huge deficits. Obama merely carried on with Bush' policies. Both were/are terrible presidents.

---------- Post added 04.09.2012 at 00:09 ----------

Calciopoli*

That, too.

 

[Hust]

Bush too, he started the spending spree that created huge deficits. Obama merely carried on with Bush' policies. Both were/are terrible presidents.

---------- Post added 04.09.2012 at 00:09 ----------


That, too.

Fuck Obama.

Hate that guy with a passion. (inter style)

 

[Linebreak]

Bush too, he started the spending spree that created huge deficits. Obama merely carried on with Bush' policies. Both were/are terrible presidents.

---------- Post added 04.09.2012 at 00:09 ----------


That, too.

That's just modern financial theory taught in all Western Universities.

 

[Trequartista]

That's just modern financial theory taught in all Western Universities.

Your point being?

Fuck Obama.

Hate that guy with a passion. (inter style)

He's incompetent. Romney is shit too, both are terrible choices.

 

[Hust]

Your point being?




He's incompetent. Romney is shit too, both are terrible choices.

Romney>Obama

I urge you not to open this can of worms in this thread