In all reality, Agnelli’s decision to bring back Allegri may Jj potentially cost ~€70m for this CL blunder (if we don’t end up qualifying).
Knowing how indebted and financially starved Jj are (bEcaUsE oF coViD) there may be bigger things that need to happen at the EXOR level.
Despite the deferred revenue component of player transfers the balance sheet reports a massive amount of debt. Now if the results on the field don’t carry their weight in bringing in revenue the you have a problem bigger than Jj. Unlike barça, no one is going to pay hundreds of millions for media rights, etc.
They will either inject more capital into Jj for Agnelli to mismanage and overpay for trash players and coaches to dig out of the hole. Or it’s time to cut the fat and thus begins a cold winter.