Juventus Finances Thread

[S]

Confirming the trend of improvement of the economic performance, the first half of the year 2012/2013 ended with a profit of € 11.3 million, showing an increase of € 45.9 million compared to a loss of € 34.6 million in the same period last year. For the year 2012/2013 is expected to net income was negative, although a clear improvement over the previous year.

http://www.juventus.com/juve/it/news/CdA+approvati+i+dati+del+primo+semestre

Used google translate but its from the official website.

Wow this is really some great improvement.

[S]

Juventus Financial report

The entire financial report for this first half of the year in 2012-13 in English.

[Juventude]

Definitely good news. We also don't have to spend a lot in the transfer window because we actually have depth, good starters, and young talent now. Marotta basically had to replace the whole team the first couple of years on the job.

[S]

Juventus €45m better off this year

The Bianconeri are still set to record a loss in the current financial year, but the six-month report shows that the side are reaping the rewards of domestic and European ventures

Juventus have recorded a significant turnaround in their monetary fortunes this financial year, reporting a €45.9 million better return than 12 months ago.

Champions League participation and success, alongside continued Serie A dominance, has helped the Bianconeri record a profit of €11.3m, which is notable due to the club having made a loss of €34.6m in the same period.

Despite the reigning Italian champions' profits in the first six months of the year, however, the club claim that the forecast for this financial year is a loss, albeit a much less significant one than the one announced in 2012.

A move from the Stadio Olimpico to the Juventus Stadium is believed to be a major factor in the upturn in their economic outlook, with full ownership of the ground allowing them to more flexibility with advertising and seat pricing.

The €42.8m they have made in Champions League broadcast money is another factor to consider in the six-month report, while expenditure has included new contracts for the likes of Gianluigi Buffon, Alessandro Matri, Andrea Barzagli and Leonardo Bonucci.

The Old Lady have also paid €11.7m to the Turin local council for land adjacent to the current stadium, which will allow them to build new structures such as a media centre and new training facilities.

The worldwide recession has seen purse strings tightened in Serie A over the past couple of years, while Uefa's Financial Fair Play rules forbid club's from spending beyond their means or face being barred from Europe.

[Cotes]

Great News

[S]

Board of Directors approves half-yearly finance report

The Juventus Football Club S.p.A. Board of Directors has today approved, in a meeting held under the chairmanship of Andrea Agnelli, the Half-Yearly Financial Report at 31 December 2013.

The first half of the 2013/2014 financial year closed with a profit of € 4.8 million, posting a negative change of € 6.5 million compared to the profit of € 11.3 million registered in the same period a year earlier. This performance substantially derived from the increase in players’ wages and technical staff costs of € 11.6 million, a slight increase in revenues of € 5.8 million (also negatively influenced by one less home match in  2013/2014 half year), as well as other net negative changes of € 0.7 million. These net negative changes mainly included operating costs (€ 0.6 million), net financial expenses (€ 0.8 million), amortisation of players' registration rights (€ 0.7 million) and income taxes (€ 0.3 million), partly offset by lower provisions and write-downs (€ 1.7 million).

As of 31 December 2013 Shareholders' equity totalled € 53.5 million, an increase compared to the balance of € 48.6 million at 30 June 2013 due to the profit for the half year (€ +4.8 million) and changes in the cash flow hedge reserve (€ +0.1 million).

Net financial debt at 31 December 2013 amounted to € 188 million (€ 160.3 million at 30 June 2013). The net decrease of € 27.7 million was driven by Transfer Campaign net payments (€ -25.7 million), advances paid to the City of Turin and various suppliers in relation to the Continassa Project (€ -4.6 million), other investments (€ -4.5 million) and financial flows (€ -3.7 million). These negative cash flows were partially offset by positive cash flows from operations (€ +10.6 million) and other net changes (€ +0.2 million).

http://www.juventus.com/juve/en/news/directors_board_approves_finance

[GIGItheBest]

So how much do you think our transfer budget will be for the summer transfer window?

[BoBo]

Im pretty confident we will have atleast the more or less usual 50 mil euro kitty then comes sales of atleast around 30 mil from first team squad plus maybe cashing in on various co-own deals and from what ive heard and read between the lines this year we will spend some extra maybe from cashing in on co-owns or from a bit larger basic transfer kit.

all in all i think its not completely unrealistic we get close to a 100 mil euro spending power.

[S]

Juventus and Fiat renew sponsorship agreement

Juventus and Fiat have officially extended their sponsorship agreement, signing a six-year deal worth €17 million per season. The agreement will see Fiat continue to operate as the club’s sole shirt sponsor in all competitions, supply Fiat Group vehicles for promotional purposes and offer variable premiums based on the sporting results achieved by Juventus in national and international competitions

http://www.juventus.com/juve/en/news/juventus-fiat-renew-sponsorship-agreement

[GIGItheBest]

Is 17 million a year even a good amount? I think it should be higher.

[Tomwin Lannister]

Sounds pretty lousy to me

Why are we screwing ourselves out of money in the long term smh

[BoBo]

Well back in the day 2006 when on top our Tamoil deal with Gaddafi net 22 a year so it seems some sort of balanced but not that great considering inflation and all.

Guess Lapo is just not that fund of our beloved Juve he likes his Ferrari team more.

[Art Morte]

Serie A isn't sexy right now, that's the problem, not so much Juventus itself.

[BoBo]

Its an issue but should not be the problem when u are sposoring yourself.

[Cotes]

But John Elkann & The Agnelli Family owns Fiat...so we sponsoring ourselves?
or did i misread?

[Juventude]

Serie A isn't sexy right now, that's the problem, not so much Juventus itself.

Exactly. That's the problem. Here in the US, the premiership is seen on stations that everyone gets. You have to pay extra for Serie A. The league's popularity has gone down immensely.

[Tomwin Lannister]

Yeah we're sponsoring ourselves, but whereas other clubs do something similar and give themselves massive deals in order to beat FFP, we're being cheap and sponsoring ourselves with a massively undervalued deal.

[BoBo]

Yeah we're sponsoring ourselves, but whereas other clubs do something similar and give themselves massive deals in order to beat FFP, we're being cheap and sponsoring ourselves with a massively undervalued deal.

There are rules with limitations on how much own money you can inject via sponsorship deals but still a 25 mill deal a year would sound better and show you are not a cheap ass... well Lapo

[Tomwin Lannister]

Yeah there are limits, limits which happen to be multiple times higher than 17M p/a

The people responsible for Juve lack ambition when compared to other owners and the deals they put in place.

[BoBo]

Exactly, and to me it seems like Platini has some sort of agreement with theese Juve pepole in charge being at the front line of FFP never spending a dime not earned but then again it could be Italian stubbornnes not wanting to accept the market as it is... NEVER participating in auctions and all that.

[marottalad]

Absolutley pathetic get off ferraris dic* and invest some money into this beautiful club of ours

[S]

Juventus agree partnership with 24option.com

Juventus Football Club and 24option.com, the leading binary options broker, can today confirm the start of an initial two-year partnership which will run until the end of the 2015/16 season.

“Juventus continues to work with strategic partners who share the club’s principles both on and off the pitch,” said Francesco Calvo, the Bianconeri’s Chief Revenue Officer.

“As such we are delighted to attract a company which in such a short space of time has become a leader in its field. We look forward to a long and mutually beneficial partnership.”

24option will become the club’s exclusive partner on a global level, acquiring offline and marketing rights.

“We’re proud of the partnership agreement which binds us to Juventus. We are both leaders in our respective fields on a global scale,” added 24option.

“Our partnership emphasises the synergies between football and trading where preparation and execution are keys to success. 24option is enthusiastic about the opportunity to work with Juventus.”

https://pbs.twimg.com/media/Bt9V3iJIgAApGS3.jpg

http://www.juventus.com/juve/en/news/24option-agreement-reached

[S]

Juventus remain the Serie A club with the biggest revenue, while Inter and Roma have increased their income, but Milan’s fell.

La Gazzetta dello Sport released its findings after the news Real Madrid are the top earning club in the world with €603m in revenue.

Juventus are top of the pile in Italy with an expected €270m-280m for 2014-15, though there will be an extra €50m if they progress past the Champions League group phase.

New Inter President Erick Thohir said his main aim was to raise revenue streams for the club and he is succeeding, raising it to €190m.

On the other hand, the Rossoneri revenue falls to €200m-€210m because they are not in Europe this season.

Napoli are feeling the Champions League pinch, as with their failure to beat Athletic Bilbao in the play-off and consequent bump down to the Europa League, their revenue is expected to be €120m-130m.

That is a drop of €50m from the previous sum, while Roma qualified for the Champions League and therefore leap up to €175m-€180m.

Verona are the most impressive of the smaller clubs, putting together €50m, while Empoli are bottom in Serie A with €25m-€30m if they avoid relegation.

La Gazzetta also published another set of statistics, namely the debtors who owe money to the Serie A clubs.

Inter are owed a remarkable €74m for 2012-13, almost double the sum for second placed Udinese on €40m.

Milan are owed €26m, Roma €23m, Juventus €15m and Napoli just €10m.

[Juventude]

Before people go crazy asking why Juve isn't spending this money, remember this is revenue, not profits.

[S]

https://i.imgur.com/lmpGon5.png

Wage bill for 2013-14 : €115m

Wage bill for 2014-15 : €118m

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