Keep in mind, high debt for us is (a) Stadium with a decent interest rate and (b) transfer debt.
The thing this doesn't take into account is transfer receivables which counteract that transfer debt. Just like how we buy players and push for the income spread over years, we sell in much the same way and those receivables aren't factored in when they talk about debt. SwissRamble was linked above and also has information on that. We have the second highest transfer receivables of the Deloitte report at 125m.
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And then of course, the Pandemic has had affects on the club and Juventus has reacted accordingly, fighting off the financial struggles with attempts to be better.
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And we are one of the leading clubs to reduce debt since the Pandemic started, a very healthy sign.
The continued reduction in debt due to the decrease in the wage bill will only further accelerate our ability to enter a more healthy position financially.
The thing this doesn't take into account is transfer receivables which counteract that transfer debt. Just like how we buy players and push for the income spread over years, we sell in much the same way and those receivables aren't factored in when they talk about debt. SwissRamble was linked above and also has information on that. We have the second highest transfer receivables of the Deloitte report at 125m.
- - - Updated - - -
And then of course, the Pandemic has had affects on the club and Juventus has reacted accordingly, fighting off the financial struggles with attempts to be better.
- - - Updated - - -
And we are one of the leading clubs to reduce debt since the Pandemic started, a very healthy sign.
The continued reduction in debt due to the decrease in the wage bill will only further accelerate our ability to enter a more healthy position financially.
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