Are those reports about Juve breaking even if we make semis really true or is that usual crap from Tuttosport ?
If we go far in the CL,i think a lot of new scenarios could crop up imo in regards to our transfer targets.Really somehow wish we get another favorable draw in the last 8.
Lets say for instance we go out in the quarters and in the coming transfer window we stick to our current transfer plans(assuming we are full in for sanchez) and buy him in the summer.
And lets assume another scenario say we make CL final ,could it be possible that we go that extra mile and try to acquire Jovetic ? cos let us be real here, CL brings in a hell lot of revenue.Chelsea made almost 100m by winning CL.Bayern IIRC made ~65m by reaching the CL final.Just providing instances here.
Plus it could give a new sense of belief to the board that we are realistically capable of winning the CL hence it could relate to aiming for a player of better quality ? I dont know ,just putting out some scenarios here.
Hello, my name is Zacheryah and i'm sorry but feel the need to crush your dreams a bit
Juventus have an outstanding dept, that is getting payed off in 2 loans. It will take +10 years for the longest running one
Since 2006 we ran a loss each year, in therms that our turnover(total income) was lower then our total expenditure.
Thanks to capital injection by the shareholders, and a loan of two from exxor, we have so far managed to avoid bankrupt.
The aim of the board is, to have juventus run break even or better in the next financial year (2013/june 2014). This means we finally arent losing more money then we spend.
At the start of the financial year, july 2012, the budged for the comming summer is made, and it incalculated the Cl group stages, and calculated us to get to first knockout round. This means :
Gate receipts
television money cut received at end of cl
bonus from playing,drawing,winning a group stage game
match day income
Many people make the mistake of going "oh we made xmil in the cl, now we can buy y". Well no, the board has set a minimum objective and incalculated the total income of it in the budged
If we end in the the quarters, we are at a yearly loss of less then 10 mil. If we make semi finals, we break even, barely.
Getting to the final and winning it, would put our turnover in the positive by 18/20mil.
Now in order to sign the good players, we need a turnover that is around 350 mil, and if we'd win cl, we still be more then 80 mil short of that.
Winning a CL would be the goal of us as a club, but futurewise, i'd say we'd get a bit more transfermoney, but the wagebill wont change much with our current turnover