The Financial Situation (77 Viewers)

[Red]

End of year accounts:

283.8 million euros turnover compared to 213.8 million last year and our debt is down to 15.9 million euros from 48.6 million euros last year.

Our revenues have increased by 70 million in a year.

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Next year we shall surpass 300 million in revenue.

Presumably that increase is almost entirely down to playing in the CL.

 

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[Vlad]

That link is for the 9 months not a year.

 

[Nicholas]

Yeah the Juventus site hasn't updated yet, sorry.

@Red, yes La Stampa are saying mainly due to Champions League and the Stadium.

 

[Vialli_92]

I hope next season they can give conte 50 million euro in the transfer market to spend on who ever he wants + the money they make from selling players. He was talking about that this summer how nice it would be to be able to do that and compete for signatures. That would really make him happy and i am convinced he would bring the right players in to push the team on further. I hope he is at least given a decent transfer budget next season.

 

[Nicholas]

http://www.tuttojuve.com/primo-pian...ato-33-a-283-mln-assemblea-azionisti-i-157510

 

[Vlad]

Pretty much what I expected, but to reach 300m we need better sponsors. Next year I don't think that we'll repeat these results unless we go all the way in CL. Don't forget last year's extra financial boost in CL, as Udinese failed to qualify.

 

[Trequartista]

I hope next season they can give conte 50 million euro in the transfer market to spend on who ever he wants + the money they make from selling players. He was talking about that this summer how nice it would be to be able to do that and compete for signatures. That would really make him happy and i am convinced he would bring the right players in to push the team on further. I hope he is at least given a decent transfer budget next season.

I doubt that is going to happen, we're still too indebted to do that.

 

[Nicholas]

It seems our debt has actually increased to 160.3 million euro's the figure I quoted was our losses for the year, not what our debt was. Sorry guys.

 

[Vialli_92]

I doubt that is going to happen, we're still too indebted to dot hat.

Ye i thought it was only 16 million debt until Nicholas gave the update just now.

 

[Emmet]

The big turning point will be next sponsors and kit suppliers, we only make 28million from them combined, should be aiming to get over 50+ million if we want to close the gap on Bayern, Barca, Real etc.

 

[Vialli_92]

It seems our debt has actually increased to 160.3 million euro's the figure I quoted was our losses for the year, not what our debt was. Sorry guys.

Where is most of that coming from is that mostly Stadium debt?

 

[Nicholas]

Our increase in debt is due to salaries, transfer fee's and also buying the ground around the stadium, this is what people on Twitter are reporting.

We really need to improve our sponsorships.

 

[Trequartista]

Condinannsa is to blame for our budged then, I see.

 

[Vlad]

Where is most of that coming from is that mostly Stadium debt?

Mostly investment in players.

 

[Nicholas]

Milan's current debt is sat at 247.3 million euro's for the record guys, this is all despite selling their best players. However their revenue is 328 million euros per year.

 

[Hust]

Will any of this increase in revenue fix the rods?

 

[Xperd]

Most big clubs have big depts ,its nothing new.However its the losses we need to trim down.We are fully safe for FFP anyway.

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This dept is not something to worry about.

 

[Nicholas]

Are you making fun of someone there with 'dept'

Fuck FFP, it's all a bloody con, the likes of Chelsea, City, PSG and Monaco don't give a hoot.

 

[thepaolocarmine]

Real Madrid's debt 124.7 to 90.6 million euros as of September 2013

 

[Zacheryah]

End of year accounts:

283.8 million euros turnover compared to 213.8 million last year and our losses down to 15.9 million euros from 48.6 million euros last year.

Our revenues have increased by 70 million in a year.

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Next year we shall surpass 300 million in revenue.

Next year we shall be lucky to repeat that number.

Our financial expert will be content to hear this @Zacheryah

Wow that is impressive and much higher as predicted.

We allmost got a halfdecent turnover now

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Milan's current debt is sat at 247.3 million euro's for the record guys, this is all despite selling their best players. However their revenue is 328 million euros per year.

Their revenue is 328 million because they sold their players.