The Financial Situation (13 Viewers)

[Zacheryah]

@Mark
@Red

You guys know the answer?

Iirc, the figure we had to pay ourselves was 0.5/0.6 mil/month, for 15of 25 years i think

and another loan for the money exor loaned us

 

Buy on AliExpress.com

[Hust]

Didn't we also buy up all the commercial real estate around the stadium too?

 

[Salvatore]

Yes.

Project in total is ~€40m I believe.

 

[Mark]

@Mark
@Red

You guys know the answer?

I'm not the numbers guy.

 

[m.hoeg]

The stadium was originally estimated to cost €105 million, but increased to €120 million to cover some design improvements.
The stadium was financed by three pillars
(a) Sportfive has acquired the naming rights for €75 million (€6.25 million for 12 years)
(b) the €20 million sale of commercial land adjacent to the stadium to Nordiconad (shoppinh center)
(c) a 12-year loan from Istituto per il Credito Sportivo for €60 million.

so far, for this season the stadium has generated roughly €25 million.

So all in all we financed €95 million by selling naming rights and some land next to the stadium.

about the naming rights i guess they are still unsolved?

 

[Hust]

The stadium was originally estimated to cost €105 million, but increased to €120 million to cover some design improvements.
The stadium was financed by three pillars
(a) Sportfive has acquired the naming rights for €75 million (€6.25 million for 12 years)
(b) the €20 million sale of commercial land adjacent to the stadium to Nordiconad (shoppinh center)
(c) a 12-year loan from Istituto per il Credito Sportivo for €60 million.

so far, for this season the stadium has generated roughly €25 million.

So all in all we financed €95 million by selling naming rights and some land next to the stadium.

about the naming rights i guess they are still unsolved?

Thanks bud.

So, how long until its all paid off?

 

[pitbull]

Bit longer than 10 years left.

 

[Hust]

If we span 95 million out over 10 years...that's less than 10m a year going to the bank.

Where the hell is our money going then? :wth:

AHHH confused

 

[ZoSo]

If we span 95 million out over 10 years...that's less than 10m a year going to the bank.

Where the hell is our money going then? :wth:

AHHH confused

+ wages, staff all that stuff

 

[Hust]

I know where 18m of it went.

 

[ZoSo]

I know where 18m of it went.

Martinez and Peluso.

 

[Hust]

Martinez and Peluso.

 

[pitbull]

If we span 95 million out over 10 years...that's less than 10m a year going to the bank.

Where the hell is our money going then? :wth:

AHHH confused

nah, it's the 60 million 12 year loan that I was refering to, apart from it we don't have to pay anything regarding the stadium.
anyways, since we're back in CL and the last Secco contracts are expirig this summer, I can only see us getting stronger financially, the next logical step would be signing a high profile player in the summer from the top shelf, someone you'd really love to play in one team with if you were a footballer.

 

[Elvin]

we gonna be rich as fuck soon... the gap between us and the Milano trannies will only increase...

 

[Hust]

we gonna be rich as fuck soon... the gap between us and the Milano trannies will only increase...

- - - Updated - - -

nah, it's the 60 million 12 year loan that I was refering to, apart from it we don't have to pay anything regarding the stadium.
anyways, since we're back in CL and the last Secco contracts are expirig this summer, I can only see us getting stronger financially, the next logical step would be signing a high profile player in the summer from the top shelf, someone you'd really love to play in one team with if you were a footballer.

Posts like this make me want to fap.

 

[Zacheryah]

actually to be quite honest, football manager gives you a good idea of where the money goes, the way your turnover is generated and spend, mirrors the realitiy quite well.

there are so many things that all require their share

 

[Paid-off-Ref]

Second quarter results to be published tomorrow (February 28th). Stay tuned.

 

[Badass J Elkann]

Breaking even...

 

[Knowah]

I'm interested in seeing how our success in the CL has helped us so far. Or is that an impact on our finances that we won't see until end of the season?

 

[Ahmed]

We can add up the receipts after we win it in May.