Jovetic is great and all, but he would be replacing Vucinic in the the team, not Pepe. which is fine by me as he is the better player, and we would have great depth with both of them. The problem though is that that right wing would still remain an issue
I would like to add to what Dominic said about us needing another midfielder for those CL matches. Personally I would kill two birds with one stone and splash the big bucks on Hamsik.
Hamisk can play as both as a midfielder, and a deep attacker. He loves getting into dangerous positions and Juve needs a midfielder that can score a lot of goals. With Nedved being his idol, we should be able to persuade him to push for a move here.
edit: remember those chances that our players keep missing in games? with a player like Hamsik in we would not.