The Financial Situation (8 Viewers)

[s4tch]

We dominated Italian football for a decade how can we be so broke?

inflated wages, inflated transfer fees, terribly high wage bill and amortization. one of the very few good calls by agnelli since he fired marotta was to fire this fraud, but it would take years to recover from the damage tici caused. even without covid we'd be in some deep shit because of the money this clown spent on players unworthy of this jersey.

 

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[juve123]

Creditors are chasing Zhang to Milan. The deadline for filing an appeal in Hong Kong against the sentence has expired: Chinese banks want to recover €250 million of loans and a defaulting bond that he guaranteed. [@CalcioFinanza)

 

[lgorTudor]

We dominated Italian football for a decade how can we be so broke?

Because we dominated Italian football for a decade

 

[Mike-e-y]

Quite possibly the worst run club in Italian history. Impressive considering we have Inter and Milan (pre-Elliott) to contend with. We’ve essentially lost half a billion in just 2 years yet the president remains?

Gross incompetence at the top is very contagious

 

[juve123]

Quite possibly the worst run club in Italian history. Impressive considering we have Inter and Milan (pre-Elliott) to contend with. We’ve essentially lost half a billion in just 2 years yet the president remains?

Gross incompetence at the top is very contagious

Covid has to be taken into account but yes since the Ronaldo transfer costs settled down we will still have heavy losses.

 

[#10]

Quite possibly the worst run club in Italian history. Impressive considering we have Inter and Milan (pre-Elliott) to contend with. We’ve essentially lost half a billion in just 2 years yet the president remains?

Gross incompetence at the top is very contagious

When you put it in that context yes. AND it’s not like we are getting galactico football - literally every team in the league play a better brand of football.

 

[Mike-e-y]

Covid has to be taken into account but yes since the Ronaldo transfer costs settled down we will still have heavy losses.

Covid is a factor but all other clubs in Italy went through the same situation. Paying the kind of fees and wages we have on ill-thought out players as well as making managerial and coaching changes haphazardly is the main cause.

We have the biggest wage bill in serie A by a huge distance yet our players are pretty average. The management decisions since Beppe left have been catastrophic. Can’t believe Agnelli’s head hasn’t rolled

 

[s4tch]

Covid has to be taken into account but yes since the Ronaldo transfer costs settled down we will still have heavy losses.

we're yet to see the full report but i bet it's once again the amortization which is terribly high

 

[kappa96]

We dominated Italian football for a decade how can we be so broke?

Heads should role starting from the top.

Ground zero and let every big contract run down and bring in a coach that can work with youth and implement a more modern playing style.

We need a reality check or this club will be left in the wildness.

Bumnucii, Szczesny and Alex Sandro < 6 million wages. That's how.
The first a at most 2 million defender, the second a at most 3 million keeper and at most a 500k defender.
That's how much JJ is bleeding money on mediocrity and has beens.

 

[AFL_ITALIA]

Quite possibly the worst run club in Italian history. Impressive considering we have Inter and Milan (pre-Elliott) to contend with. We’ve essentially lost half a billion in just 2 years yet the president remains?

Gross incompetence at the top is very contagious

https://theathletic.com/721275/2018...demise-of-a-100-year-old-italian-soccer-club/

 

[.zero]

former Mets great

 

[jukazem]

I don't understand how 21/22 player wages and technical staff cost was higher by €27m compared to 20/21 when it should have been lower by ~€50m because Ronaldo left in 2021.

 

[Boksic]

I don't understand how 21/22 player wages and technical staff cost was higher by €27m compared to 20/21 when it should have been lower by ~€50m because Ronaldo left in 2021.

Where are you seeing this? They were lower in the half year to Dec 21 than Dec 20.

 

[s4tch]

Where are you seeing this? They were lower in the half year to Dec 21 than Dec 20.

https://www.calcioefinanza.it/2022/09/25/juventus-bilancio-2022-fatturato-costi/
https://www.panorama.it/news/calcio/juventus-bilancio-2021-2022-perdita-debiti

these articles have some numbers, but not the full details. jukazem is right, according to these, the overall wage bill was raised compared to the previous year. also, as you said, the half yearly report showed a saving of around 15m for the first half of the season compared to the previous year, so we have to wait for the full report to see whether those early articles are right and if they are, what explains the difference.

 

[.zero]

- - - Updated - - -

He corrected the bit about winning the coppa

 

[zizinho]

Can we reach 300? No CL and 6th in the league, I think it's doable

 

[.zero]

Can we reach 300? No CL and 6th in the league, I think it's doable

”Hold my beer” - Agnelli

 

[zizinho]

”Hold my beer” - Agnelli

More like hold my Francesco Roncaglios wife

 

[U Picciriddu]

- - - Updated - - -

He corrected the bit about winning the coppa

And all this without Ronaldo? And it seemed like we cleared so many players already a year ago. I don’t understand it

 

[ßöмßäяðîëя]

Some of it has to be underperforming on matchday attendance, but that's not a HUGE amount of monies, typically.

https://www.statista.com/statistics/251160/revenue-of-juventus-turin-by-stream/