With this loss how are we doing ffp wise?
FFP break even is an adjusted number & add-backs are material. There is also a 35M allowance with 30 needing to be funded by equity. FFPP = FFP Profit...
FFPP T-0 + FFPP T-1 + FFPP T-2 must therefore equal -35M. Given my assumptions for FFP profit, I believe we can lose ~25M in 2019/2020 and remain compliant.
Also side note: I projected -35.3M in losses in the spreadsheet I posted earlier in this thread, and it came in at -40M. So a little worse than expected, but still reasonable.
FFPP T-0 + FFPP T-1 + FFPP T-2 must therefore equal -35M. Given my assumptions for FFP profit, I believe we can lose ~25M in 2019/2020 and remain compliant.
Also side note: I projected -35.3M in losses in the spreadsheet I posted earlier in this thread, and it came in at -40M. So a little worse than expected, but still reasonable.
Also the club wants to raise €300m with the intention of 'i. financing the investments required for maintaining sport competitiveness; ii. supporting the commercial strategy so to increase revenues and the visibility of Juventus brand on international markets'.
Think Juve will be financially safe and competitive in the near future.
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