Juve: 'Profitable and competitive'



Juventus President Giovanni Cobolli Gigli is beaming at news the club has made a profit and reinforced on the transfer market.

“We ended the fiscal year with £5m profit, an 18 per cent increase compared to last season,” said the patron after today’s board meeting.

“Juve have once again become competitive in the economic environment. We are extremely solid.”

In a year when clubs like Milan and Roma are forced to sell their stars to raise funds, it is particularly significant that the Bianconeri are making money.

They reinvested it by signing Diego, Felipe Melo, Martin Caceres and Fabio Cannavaro to build an impressive side.

“The team is stronger than last season and above all we have reinforced significantly in every area of the squad,” continued President Cobolli Gigli.

“In attack we have also rediscovered the motivation and fitness of David Trezeguet, turning us into a truly competitive outfit.

“Are we stronger than Inter? I am not interested in them. We will see on the pitch who is the better team.”

Meanwhile, the Bianconeri must whittle down the squad, with Sergio Almiron heading for Bari and Christian Poulsen reportedly in talks with Fiorentina.

“Almiron to Bari is a possibility, but we will not give Poulsen to Fiorentina. I can confirm we will do everything we can to sell these two players, though.”

http://www.football-italia.net/aug6n.html

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Trezeguet looked the least motivated player I have ever seen in his last game, but hopefully his penalty will lift him.

They said last week the club would break even so a £5m (€6m) is nice. Either way making a profit is a first for big Serie A clubs, this will only improve further down the line.

Board of directors approves figures as in June 2009



The Juventus board of directors has approved the figures relative to the fourth trimester.

Which show that the net result up to the 30th June is a positive €6.6 million. This is a significant improvement compared to last year when the result was €20.8 million in the negative. This is relevant data which is associated with a net positive financial position of 25.6 million, which represents an improvement of over 14 million over that of the 2007/2008 season. Takings have also risen for this season – thanks especially to the effect of the Champions League – touching the 20.4 million mark, an 18% improvement over last year. The figures are at the level of the 2005/2006 season.

With regards to the data relative to the 4th trimester, the takings are equal to 53.4 million (+26.1% compared to 2007/2008) and expenses at 56.2 million (an increase of 28.1% compared to last year). The trimester has a net negative result of €15.1 million, an improvement of over 5 million when compared to 2007/2008.

«The figures approved by the board – declared Juventus general manager Jean-Claude Blanc at the end of the meeting – confirm the quality of the work done, on all levels, and represent a solid base for next year, for which we have formulated a foreseen sustainable break even. These figures consolidate the idea of sustainable football: an objective which is practical thanks to a careful management and the dedication and professionalism of all the employees and collaborators of the club».

The details of the fourth trimester are published in the press release.

http://www.juventus.com/site/eng/NEWS_news...F50A31CCA9A.asp

They've done quite well, it's a nicely constructed side now with a good blend of veterans, good youngsters and quality players. Some more quality is needed though imo and there are too many sub-par players in the squad.

I don't think there is much at all in the squad that isn't good enough for it's role. Quality doesn't sit on the bench, but if Zebina is injured then both full back positions need improving. However Caceres can also play both fullback positions, he plays left back often for his national side.

All figures in €m

1 Real Madrid 401.4
2 Barcelona 365.9
3 Manchester United 327.0
4 Bayern Munich 289.5
5 Arsenal 263.0
6 Chelsea 242.3
7 Liverpool 217.0
8 Juventus 203.2
9 Internazionale 196.5
10 AC Milan 196.5
11 Hamburg 146.7
12 Roma 146.4
13 Lyons 139.6
14 Marseille 133.2
15 Tottenham Hotspur 132.7
16 Schalke 124.5
17 Werder Bremen 114.7
18 Borussia Dortmund 103.5
19 Manchester City 102.2
20 Newcastle United 101.0

http://www.timesonline.co.uk/tol/spo...cle7046338.ece

Pretty impressive to be the leading Italian team, Blanc's forté is obviously on the financial side. Juventus actually made more money for last season than the pre-Calciopoli era in 2006.

A small loss is forecast for the second quarter this year after a £14m profit previous, due to the CL exit, but a long EL run would actually end up with a greater sum.

I'm thinking that really the budget shouldn't be affected at all this summer, don't be surprised to see another €25m+ player come in, probably a winger.

It couldn't be clearer that new fullbacks were needed Caceres has done fine but it a bit rough, he'll be really good one day. Grosso, Grygera and Zebina, just not good enough, particularly in such a struggling team.

Cannavaro also has had a terrible second quarter of the season, after a good first. Let's not talk about injuries though, killed us.

Always next year

Completely off topic of course, but Vinovo is having some drainage work done to to the pitches.

Juve 'profitable' and, erm............

At least in the market

Juventus, a club at the center of a match fixing scandal in 2006, rose 9% in value and is now worth $656 million, eighth on our list. The Old Lady, as the team is known in Turin, jumped ahead of money-losing Chelsea in our rankings. Juventus' broadcast revenue increased $36 million last year, and the team posted operating income of $57 million.

http://www.forbes.com/2010/04/21/soc...-10-intro.html

What the fuck the 'match fixing scandal' has to do with this I'll never know.

^ It's a nice buzzword. lol

While it's been a brutal season, it's good that the club is doing well financially, although I'm not quite sure how.

Juve finished the last quarter -€5.1m because of the lack of CL football, good really considering.

Once you sell players that will bounce right back up and you won't have a problem on the books. At least 3 players and Poulsen go, you'll have enough cash to splash.

Press release: http://www.juventus.com/site/filesite/fina...estrale_eng.pdf

The press release says there will be a 'significant loss' for the end of the 2010/11, that is the effect of no CL football, I suppose they are talking upwards of €10m, that's ok for one season as we clearly knew there would be a loss after last season.

Current wages:

Read somewhere that Juve are looking to buy Elia, HSV want €15m for him, might be a bit to much for Juve..?

Chimenti - 0.35m
Caceres - 1.9m
Cannavaro - 2m
Camoranesi -3m
Giovinco - 1m
Grosso - 1.5
Poulsen - 3.3m
Paolucci - 0.6m
Salihamidzic - 2m
Zebina - 2m

That's €17.65m p/a saved from those when they all go.

Yeah I mentioned it here: http://football-chat.net/forums/index.php?...st&p=809449

Looks like they don't want to sell. Basically we need to sell some players first, not particularly because we don't have the cash but because the wage bill needs to come down and we don't want to be stuck with 35 players come September 1st. Once Camoranesi, Poulsen and Grosso go we should see some movement again.

The lack of CL football would hurt any CL regular obviously. These wage reductions will help but will the ability of the team still be sufficient to get back into that top 4 spot.

It should easily be, but Serie A looks to be very competitive from 1-8 now, even if only one team is a very strong team.

Great read: http://swissramble.blogspot.com/2010/09/ha...ejuvenated.html

Quick glance at figures:

Wow, that's so in-depth, thanks. Net debt is, compared to the likes of Man Utd and Liverpool, next to nothing, which is great. Match day revenue is extremely low compared to the other clubs, but hopefully, among other things (a winning team for instance ), the new stadium helps bring in more match day revenue.

€18.5m loss for the first period of 2010/11, no CL money



Better times ahead with the new stadium, that's peanuts for us and our strong model really, but shows how important CL qualification can be over several years.

Press releases: http://www.juventus.com/site/eng/FIN_comun...myyear=20102011

Leading Italian sports journalist Xavier Jacobelli: "Rupert Murdoch wants to buy Juventus"

€39.5m loss for the most recent quarter, due to funding the new stadium and loss of CL money.

From Tuttosport.

Any deal with CIC could be absolutely massive, they are worth $410billion.



Juventus have also signed a sponsorship deal with Korean's Hanwha Group, it's 1 year and no financial deals have been released.

Juve seem to be branching out big time to Asia now, especially with the Gaddafi shares up for grabs.

Another good article from the Swiss Rambler, for anybody interested in sport finance:

http://swissramble.blogspot.com/2012/01/ju...hite-light.html