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 Juventus reveal more financial losses |
  Aug 13 2006, 10:26 AM
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#1
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Allievi Regionali B  Group: Helpers Posts: 6,764 Joined: 30-October 05 From: Israel Member No.: 787  |
Juventus have revealed new operating losses of £14.5 million.
Despite an increase of 9.7% in revenues, the club - who were recently relegated to Serie B for their part in a match-fixing scandal - were unable to balance the books, with an 11.3% increase in operating expenses in the year ending June 30, 2006. Several players have left the club, including Zlatan Ibrahimovic, Emerson, Fabio Cannavaro, Lilian Thuram, Patrick Vieira and Gianluca Zambrotta, and those departures will boost the next set of financial figures. However, the lack of Champions League football will certainly have an adverse impact as last season the club earned 22million euros (£14million) for reaching the quarter-finals. The continuing decline in fans coming to the stadium will also dig further into the reserves. The latest figures reveal a drop in gate revenue of 6.164million euros (£4.13million) in comparison with the previous financial year. It remains to be seen whether the club will this year be able to move from their unpopular 60,000-capacity Stadio delle Alpi to the 24,000-seat Olympic Stadium as previously planned. Despite the financial restrictions, the club will continue to invest in new training facilities in Vinovo. tribalfootball |
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Aug 13 2006, 01:47 PM
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#2
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Loves Greek Women esp Fay  Group: Moderators Posts: 14,924 Joined: 19-May 06 From: Bangalore,India Member No.: 1,865 |
Poor b@st@rds...in a way Moggi screwed them the worst!! (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/smile.gif)
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Aug 13 2006, 02:04 PM
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#3
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Administrator Group: Admin Posts: 4,291 Joined: 1-July 05 From: London Member No.: 1 |
Here's food for thought: Would anyone here feel bad if Juve went into receivership and the future of the club became in doubt?
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Aug 13 2006, 03:05 PM
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#4
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Giovanissimi Nazionali Group: Helpers Posts: 2,623 Joined: 26-December 05 From: Inghilterra Member No.: 1,072 |
i know i would. as an italian football follower and even tho i'm a milan fan juve have been the most sucsessful italian club in the games history. and as such raised the bar for all other clubs to follow, including us. in my opinion to belittle such a great club as juve and say history counts for nothing to me is wrong. yes they are rivals but without competition how can you prove that you yourself are the best. i wish juve a swift return to serieA and hope they can regain the former statue as a great club and are only second to ourselves!!
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Aug 13 2006, 03:09 PM
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#5
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Pulcini Provinciali 98 Group: Full Members Posts: 86 Joined: 8-March 06 Member No.: 1,385 |
I would feel a little sad! There is always this special atmosphere when the clubs "fight". It would be a great loss for Italian football.
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Aug 13 2006, 05:00 PM
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#6
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Berretti Group: Helpers Posts: 11,735 Joined: 5-September 05 From: Portland Member No.: 347 |
Wasn't expected? (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/smile.gif)
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Aug 13 2006, 05:39 PM
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#7
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Insert cool title here<-- Group: Moderators Posts: 4,121 Joined: 7-May 06 From: Berlin, Germany Member No.: 1,792 |
QUOTE (mishale @ Aug 13 2006, 09:26 AM) Juventus have revealed new operating losses of £14.5 million. Despite an increase of 9.7% in revenues, the club - who were recently relegated to Serie B for their part in a match-fixing scandal - were unable to balance the books, with an 11.3% increase in operating expenses in the year ending June 30, 2006. Several players have left the club, including Zlatan Ibrahimovic, Emerson, Fabio Cannavaro, Lilian Thuram, Patrick Vieira and Gianluca Zambrotta, and those departures will boost the next set of financial figures. However, the lack of Champions League football will certainly have an adverse impact as last season the club earned 22million euros (£14million) for reaching the quarter-finals. The continuing decline in fans coming to the stadium will also dig further into the reserves. The latest figures reveal a drop in gate revenue of 6.164million euros (£4.13million) in comparison with the previous financial year. It remains to be seen whether the club will this year be able to move from their unpopular 60,000-capacity Stadio delle Alpi to the 24,000-seat Olympic Stadium as previously planned. Despite the financial restrictions, the club will continue to invest in new training facilities in Vinovo. tribalfootball  There's just one thing I want to say...HAHA |
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Aug 13 2006, 05:55 PM
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#8
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The Playmaker Group: Full Members Posts: 309 Joined: 8-March 06 From: Chennai, India Member No.: 1,384 |
Serie A wont be the same without Juve (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/sad.gif)
No more games where the refs act biased No more games where the Devils prey on the Zebra No more doped players No more competition really..... But honestly, I Dont Care |
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Aug 13 2006, 06:47 PM
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#9
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Pulcini Provinciali 98 Group: Full Members Posts: 86 Joined: 8-March 06 Member No.: 1,385 |
QUOTE (RD.X @ Aug 13 2006, 05:55 PM) Serie A wont be the same without Juve (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/sad.gif) No more games where the refs act biased No more games where the Devils prey on the Zebra No more doped players No more competition really..... But honestly, I Dont Care HAHA, nice! (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/devilsmiley.gif) |
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Aug 13 2006, 07:13 PM
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#10
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Loves Greek Women esp Fay Group: Moderators Posts: 14,924 Joined: 19-May 06 From: Bangalore,India Member No.: 1,865 |
I always thought Juve was the only club you could say in the same breath as Milan. Inter was Merda anyway!
Never liked any of the English clubs xcept for Arsenal...and that was mainly coz of Wenger. And I wouldn't follow Spanish football anyway..so I'm gonna miss Juve |
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Aug 13 2006, 08:43 PM
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#11
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The brightest sun is the purest gun Group: Full Members Posts: 26,840 Joined: 23-June 06 From: Albania Member No.: 2,008 |
I feel a little sad about their fans cause they don't deserve this. About the club? Burn in hell (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/devilsmiley.gif)
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Aug 13 2006, 09:02 PM
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#12
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Pulcini 99 Group: Full Members Posts: 30 Joined: 22-September 05 Member No.: 496 |
you are all so anti sport.
juve has a glorious history. i am sorry for them. we are lucky to be in A. i hope they will be back on track soon |
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Aug 13 2006, 10:03 PM
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#13
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Smoking Bianco Group: Helpers Posts: 14,039 Joined: 15-August 05 From: KWT Member No.: 191 |
Now there is no Derby of Italia .. Juve have finally been relegated. Lucky merda, the only team that never fell to lower divisions
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Aug 13 2006, 10:20 PM
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#14
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Berretti Group: Helpers Posts: 11,735 Joined: 5-September 05 From: Portland Member No.: 347 |
QUOTE (Rossoneri7 @ Aug 13 2006, 09:03 PM) Now there is no Derby of Italia .. Juve have finally been relegated. Lucky merda, the only team that never fell to lower divisions That's because Guido Rossi is "ONLY" 1 of the Massimo Moratti's best friends... (some people don't know that) (IMG:http://cyrus.medialayer.net/~m1ke/milanfan.com/forums/style_emoticons/default/rolleyes.gif) |
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Aug 14 2006, 06:40 AM
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#15
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Esordienti A 95 Group: Full Members Posts: 979 Joined: 24-January 06 From: Yerevan, Armenia Member No.: 1,214 |
I don't want that. I have a freind - juve fan, and it's always very interesting watch Milan-Juve games with him.
So I'd like juve back in Seria A, cause there can't be any realy compatition with merde, they just aren't enough..... |
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