The Financial Situation (73 Viewers)
- Thread starter ReBeL
- Start date
The most important:
Financial Lost 2012-13 - 15.9M
Finalcial Lost 9 months 2013-14 - 23.4M
Revenue 2012-13 - 270M
Revenue 9 months 2013-14 - 229M
Salary cost 2012-13 - 149M
Salary cost 2013-14 - 170M (considering 12 months)
total debt 30 june 2013: 160M
total debt 30 march 2014: 199M
So our debt increased 40M in 9 months.
Not good numbers.
No way we'll have a mercato paying money for young players like Sturaro or lots of money for Iturbe without selling Vidal or Pogba. Just no way
Financial Lost 2012-13 - 15.9M
Finalcial Lost 9 months 2013-14 - 23.4M
Revenue 2012-13 - 270M
Revenue 9 months 2013-14 - 229M
Salary cost 2012-13 - 149M
Salary cost 2013-14 - 170M (considering 12 months)
total debt 30 june 2013: 160M
total debt 30 march 2014: 199M
So our debt increased 40M in 9 months.
Not good numbers.
No way we'll have a mercato paying money for young players like Sturaro or lots of money for Iturbe without selling Vidal or Pogba. Just no way
At 31 March 2014, net financial debt amounted to € 198,946 thousand, registering an increase of € 38,686 thousand compared to a balance of € 160,260 thousand at 30 June 2013. This increase is due to payments made in Transfer Campaigns (€ -43,328 thousand), advances paid to the City of Turin and to various suppliers for the Continassa Project (€ -5,363 thousand), investments in other fixed assets (€ -5,045 thousand) and cash flow from financing activities (€ -5,610 thousand) and other net changes (€ -391 thousand), partially offset by positive cash flow from operations (€ +21,051 thousand). The breakdown between current and non-current net financial debt at the end of the two periods is shown below.
The thing Pedroflu is forgetting, is that we are allready on 70%turnover to wages, and that this is far to much.
No, we cannot get "that big player" so stop talking about it.
- - - Updated - - -
What if no one is interested ?
What if they dont feel to go to a minor team on half the salary
gotto love these "have to sell". Selling needs a buyer
No, we cannot get "that big player" so stop talking about it.
- - - Updated - - -
What if no one is interested ?
What if they dont feel to go to a minor team on half the salary
gotto love these "have to sell". Selling needs a buyer
an't get the top player but pays 6M for Sturaro.
IF this is true, I'm sure Marotta is planning to sell Pogba/Vidal. If you don't have money to buy a top player, you also don't have 6M to pay for an unknown youngster who will not join the team. You don't have 20M to reinforce the team, you don't have 6m to invest in the future.
So I do believe he will sell someone.
But something is wrong in our system. We are being stuck with superstar wannabes with high salaries. We pay a lot for players that are not good enought in the first place and then obvs they will not want to go out of their comfort zones.
From now on... just REALLY good player like pogs, vidal, buff and Pirlo should have top salaries.... but players like Vuc, like quags, like DE CEGLIE, like Isla...they cannot come here earning a lot of money without justifying it in the first place, or else we end in the situation we are now.
This bleeding need to stop, Juventus seriously needs to revisit their contract and salaries policy.
From now on... just REALLY good player like pogs, vidal, buff and Pirlo should have top salaries.... but players like Vuc, like quags, like DE CEGLIE, like Isla...they cannot come here earning a lot of money without justifying it in the first place, or else we end in the situation we are now.
This bleeding need to stop, Juventus seriously needs to revisit their contract and salaries policy.
The issue is correcting itself.
A few years before our recent ascent, to get top talent at Juve required offering players high wages. We did it for average players and above average players because we needed to hoard talent and defeat Italy with a quantity of quality. However, we ascended faster than our own directors thought possible under Conte, leaving us in a dangerous position: we rose quicker than they thought and so we are in the position where we have very good players and very average players on our books earning the same wages. This issue will correct itself as their contracts expire. This issue is correcting itself. However, these average overpaid players could help our situation if they would accept moves elsewhere. The next problem that has arose is that these average players won't accept moves. That is a problem that management needs to resolve. Why Quags wouldn't accept a move in January, knowing he would get little play time, is mind-boggling. Same goes for Vuc. Hopefully, this summer will see them move on and their wages get cleared from the books. And then this problem will continue to fix itself with time.
A few years before our recent ascent, to get top talent at Juve required offering players high wages. We did it for average players and above average players because we needed to hoard talent and defeat Italy with a quantity of quality. However, we ascended faster than our own directors thought possible under Conte, leaving us in a dangerous position: we rose quicker than they thought and so we are in the position where we have very good players and very average players on our books earning the same wages. This issue will correct itself as their contracts expire. This issue is correcting itself. However, these average overpaid players could help our situation if they would accept moves elsewhere. The next problem that has arose is that these average players won't accept moves. That is a problem that management needs to resolve. Why Quags wouldn't accept a move in January, knowing he would get little play time, is mind-boggling. Same goes for Vuc. Hopefully, this summer will see them move on and their wages get cleared from the books. And then this problem will continue to fix itself with time.