The Financial Situation (51 Viewers)

Mar 19, 2015
7,236
We had a decent mercato for the first time in years because for once we didn’t overpay for players and actually negotiated. We used to win scudetti for fun, made champions league money every year, made more than our rivals and bought the best prospects from our rivals. Almost all our players had resale value to cash in on organically, if needed, not some pump and dump Pjanic for Arthur swap. This was an almost impossible situation to fuck up. Like what Mike told Walter White after he killed Gus. “We had a good thing you stupid son of a bitch etc…” But we fucked it up, we bought Ronaldo, who we never could afford, we bought one of the most expensive defenders ever, we resigned all our veterans to high salaries. More than half the top 10 or 20 Serie A salaries were Juve players. We realized it was all a mistake and cooked the books and overpaid players to make up for it and still gave high salaries. That Vlahovic salary makes no logical sense. Why did some journeyman level player like Gatti get a pay raise? I don’t even hate him but what has he done to deserve a pay raise? That would never happen if he started for a club of his level like Torino. Locatelli was an above average fish in a small pond at Sassuolo. After already signing him to a high fee and flopping we resigned him and of course gave a pay raise. Who the fuck was Nico Gonzalez? None of us had watched him play hardly at all. Cuadrado was very good at Viola, Chiesa too and he was great at Juve pre injury, even Bernardeschi showed flashes at Viola (not Juve), who the fuck was Nico? Nobody knew this bum. Probably another above average small pond fish at best. Every year is a plan to fix the previous year. Never a long term plan. The expectations are lower than ever. Not fucking up somehow exceeds expectations because we have a new management team every couple years.
 

s4tch

Senior Member
Mar 23, 2015
35,349
so jj doesn't have the most expensive squad. we also don't have the highest amortization. and we also don't have the highest wage bill, which is something i very much love to see. what the table doesn't show is that our gross salary bill (~123m) is still ~13-14m higher than last seasons' wage bill. we made some reinforcements, especially in attack, so it doesn't come as a surprise. yildiz will get a raise, so it is likely to be a bit higher by the end of the season. considering that the club's revenue is estimated to be above 400m, these numbers will very likely comply with ffp's squad's, coaches' wages and agent fees shouldn't be higher than 70% of the revenue rule. vlahovic's insane ~22m gross wage won't be in the books next year too: either he leaves, or extends for a significantly lower amount. that's mostly good news when it comes to jj's sustainability.

as for the other teams' costs, just two remarks. inda's relatively low amortization is the result of multiple bosman signings - so is (at least partially) the high gross wage bill too lol. also napoli started to invest heavily in their squad, that probably means that their amortization is likely to remain at a high level for the next few years; it is likely to become a problem soon. this is probably the first time adl is acting at least a bit recklessly when it comes to spending; the osimhen sale will bail them out for this season, but my gut feeling is that we can expect sales for next summer too.

(the bottom line [total] is useless in this case as the list itself is arbitrary and lacks more than half of the teams in serie a, only considers the most expensive squads)

1757001141458.png
 

Knowah

Pool's Closed Due to Aids
Jan 28, 2013
6,834
so jj doesn't have the most expensive squad. we also don't have the highest amortization. and we also don't have the highest wage bill, which is something i very much love to see. what the table doesn't show is that our gross salary bill (~123m) is still ~13-14m higher than last seasons' wage bill. we made some reinforcements, especially in attack, so it doesn't come as a surprise. yildiz will get a raise, so it is likely to be a bit higher by the end of the season. considering that the club's revenue is estimated to be above 400m, these numbers will very likely comply with ffp's squad's, coaches' wages and agent fees shouldn't be higher than 70% of the revenue rule. vlahovic's insane ~22m gross wage won't be in the books next year too: either he leaves, or extends for a significantly lower amount. that's mostly good news when it comes to jj's sustainability.

as for the other teams' costs, just two remarks. inda's relatively low amortization is the result of multiple bosman signings - so is (at least partially) the high gross wage bill too lol. also napoli started to invest heavily in their squad, that probably means that their amortization is likely to remain at a high level for the next few years; it is likely to become a problem soon. this is probably the first time adl is acting at least a bit recklessly when it comes to spending; the osimhen sale will bail them out for this season, but my gut feeling is that we can expect sales for next summer too.

(the bottom line [total] is useless in this case as the list itself is arbitrary and lacks more than half of the teams in serie a, only considers the most expensive squads)

1757001141458.png
I agree 100% that Napoli is in a very precarious situation and I'm surprised ADL let it get to this point. They must basically get CL Semi-final or face severe financial problems next season. And I think they'll have to move the low amortization/high earners for increased plusvalenza and that means losing their more valuable players.

Conte 3rd summer going to be very exciting...
 

cimenk

Senior Member
Jul 23, 2008
3,319
this is the telegraph article as they are using as a reference: https://archive.ph/KobSD

their source is deloitte: https://www.deloitte.com/uk/en/serv.../analysis/deloitte-football-money-league.html

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we were banned from european competition for the 2023/24 season, hence the much lower broadcasting revenue, and we also lost on gate receipts and sponsorship

(just fyi money league ignores transfer revenue)
Fuck plusvalenza case invented by FIGC. That case also still affect us this season as we need to cover some of loss revenue at the time and balance the budget.
 

s4tch

Senior Member
Mar 23, 2015
35,349
most expensive players of the league:
https://www.calcioefinanza.it/2025/...si-serie-a-classifica-vlahovic-lucca-lautaro/

1757336019530.png


just a few remarks
- according to a book considering statistic elements of football, the only and most important metric tied to results is the squad cost. the more you spend on your squad, the better results you'll get. of course that's not always true, but in most cases the more expensive squads finish above the least expensive squads. this means that from now on, napoli is the team to beat. (i still think inda have the strongest squad, just my 2 cents, change my mind.)
- while most teams prefer straight-line amortization (meaning if a player cost 50m for a 5-year contract, then the yearly amortization is 10m, simple as this), napoli use a different amortization method. they use the diminishing (or reducing) balance method. i won't explain the whole thing, the bottom line is that it means that during the first periods the amortization is higher, then it gets lower as the years go by. see beukema: they bought him for 31m on a 5-year contract, first year amortization should be 31/5=6.2 with the linear amortization, it's 12,4m with their method, so they go with a 40% depreciation rate in his case, but de bruyne's 10m sign on bonus is hit with a 60% rate. it hurts more when you buy and gets better over time, which means lower book value and higher plusvalenza when a player gets sold compared to the straight-line method. downside: bigger financial impact in the first few years
- players out on loan in other leagues aren't included, see douglas luiz
- needless to say, vlahovic is atrociously expensive, we can't afford him. if he had left, we could have bought 2-3 quality players
- lucca 2nd most expensive player lol. it's also a loan with obligation, but napoli apparently consider the obligation fulfilled as the loan cost is reportedly 9m and the amortization is higher. (or calcioefinanza are wrong, which is unlikely but still possible)
- jj used to rule this chart even a few years ago. we know how we managed to get in this situation. let's hope we can win the league before we have the most expensive squad of the league
 

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