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> FFP and Milan, Almost all you need to know

 
kurtsimonw
post Sep 2 2013, 04:25 AM
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Apparently Juve's for 12/13...

Revenues
283m

Costs
300m

Net result
(17m)

Net debt
160m

Equity
47m

This post has been edited by kurtsimonw: Sep 2 2013, 04:25 AM
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Rossoneri7
post Sep 2 2013, 07:11 AM
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Is that as of June 2013 Kurt?
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kurtsimonw
post Sep 2 2013, 07:35 AM
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QUOTE (Rossoneri7 @ Sep 2 2013, 08:11 AM) *
Is that as of June 2013 Kurt?

I'm not entirely sure, I saw it posted on the Juve forum I looked at. The source he gave was a big pdf in Italian so I have no clue what it says. (IMG:style_emoticons/default/biggrin.gif)
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X-Offender
post Sep 2 2013, 08:03 AM
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FFP doesn't take debt into account, does it? (IMG:style_emoticons/default/unsure.gif)
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Jack Sparrow
post Sep 2 2013, 08:15 AM
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QUOTE (X-Offender @ Sep 2 2013, 02:33 PM) *
FFP doesn't take debt into account, does it? (IMG:style_emoticons/default/unsure.gif)


Certain types of debt are exempt. Stadium debt payments I believe are exempted. Not certain though.
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Rossoneri7
post Sep 2 2013, 08:40 AM
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QUOTE (Jack Sparrow @ Sep 2 2013, 11:15 AM) *
Certain types of debt are exempt. Stadium debt payments I believe are exempted. Not certain though.


Capital expenditure, such as stadium, training grounds, headquarters and the likes are exempt. In addition, clubs can have debt on their books to fund cash-flow deficits, only if the debt is sustainable and that clubs can cover principle and interest installments by way of its operations.
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Jack Sparrow
post Sep 25 2013, 08:07 AM
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From football-italia:

QUOTE
Juventus increased revenue by 32.8 per cent in the last financial year, but still recorded a loss of €15.9m.

The club held its Board of Directors meeting today and approved the draft financial statements for the financial year endind June 30 2013.

Although it closed with a loss of €15.9m, this was significantly less than the €48.6m of the previous financial year.

Much of that was helped by a 32.8 per cent increase in revenues, which climbed to €70m, of which €65.3m were down to television and radio rights for the Champions League.

There was also an increase in operating costs of €20.8m, 10 per cent more than the financial year 2011-12.

The total Juventus debt as of June 30 2013 stood at €160.3m.

This statement also confirmed the Bianconeri saved €1.9m in wages by terminating Lucio’s contract in December 2012.

The 2012-13 season ticket campaign made a net revenue of €19.8m, an increase of 30.3 per cent
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kurtsimonw
post Sep 25 2013, 10:06 AM
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Juve had a net loss of 35m on transfers, a large increase in wages and still decreased their loss by 30m on the previous year. (IMG:style_emoticons/default/laugh.gif)
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han2503
post Sep 25 2013, 10:46 AM
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QUOTE (kurtsimonw @ Sep 25 2013, 10:06 AM) *
Juve had a net loss of 35m on transfers, a large increase in wages and still decreased their loss by 30m on the previous year. (IMG:style_emoticons/default/laugh.gif)

The only thing that's made that possible is the CL money, they got a huge sum last season better than Bayern, Real and Barca. Without it they'd still be in deep sh!t even with their own stadium.
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kurtsimonw
post Sep 25 2013, 12:44 PM
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Why did they get more than the rest? And they'll be getting CL every year now so it won't be an issue.
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han2503
post Sep 25 2013, 01:27 PM
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QUOTE (kurtsimonw @ Sep 25 2013, 12:44 PM) *
Why did they get more than the rest? And they'll be getting CL every year now so it won't be an issue.

Because there was only us and them in the CL last season from Serie A, so the money was split between a smaller amount of teams.

Yeah, it won't be a problem but it goes to show how much better numbers WE can have if we did have our own stadium. We have a wage bill similar to theirs, earned less money last season from the CL and don't have our own stadium.
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Jack Sparrow
post Sep 25 2013, 04:04 PM
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A small correction. Our own stadium wouldn't solve the problem as much.

In fact if we could just fill in our existing stadium it would help. Our problem is that the San Siro is antiquated and uncomfortable.

If it's in a better shape, I'm sure we could have more people show up, including families. But I think that will not happen till 2014.

What Italy needs is a world cup. That would truly rejuvenate the stadium quality.
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Rossoneri7
post Sep 25 2013, 10:00 PM
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QUOTE (Jack Sparrow @ Sep 25 2013, 07:04 PM) *
A small correction. Our own stadium wouldn't solve the problem as much.

In fact if we could just fill in our existing stadium it would help. Our problem is that the San Siro is antiquated and uncomfortable.

If it's in a better shape, I'm sure we could have more people show up, including families. But I think that will not happen till 2014.

What Italy needs is a world cup. That would truly rejuvenate the stadium quality.


Couldn't agree more, a world cup is an excellent way of bringing life back to calcio.

This post has been edited by Rossoneri7: Sep 25 2013, 10:08 PM
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