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FFP and Milan, Almost all you need to know |
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Sep 2 2013, 08:15 AM
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Loves Greek Women esp Fay

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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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Sep 25 2013, 08:07 AM
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Loves Greek Women esp Fay

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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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Sep 25 2013, 10:46 AM
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Prima Squadra

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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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Sep 25 2013, 01:27 PM
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Prima Squadra

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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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Sep 25 2013, 04:04 PM
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Loves Greek Women esp Fay

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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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