Friday, 14 September 2018

Juventus Lose More Than 20 Million Euro in 2017/2018 Season

By news-admin

Juventus FC

DBasia.news – Juventus FC achieved the Serie A Scudetto and Coppa Italia in 2017/2018 season. However, two prestigious trophies couldn’t guarantee I Bianconeri gained high profit.

In the budget list released by the team in the first half of 2017/2018, the team got the profit around 43,3 million euro. However, the number was decreasing 28,7 million euro from the previous season.

Juve holding company, Exor also announced the budget report for a year, showing the operational lose worth 62,2 million euro. Giorgio Chiellini and friends team had the decrease due to ticket sales and other incomes have been reported at the beginning of the season.

Besides, the exit from the Champions League during the quarter-final also affected the decreasing income for 35 million euro. In fact, during the previous season, Juve performed in the final round of Europe’s highest competition.

The obligation to activate the release clause of the players also forced the team to pay huge. One of them is the finishing transfer of Douglas Costa worth 47,1 million euro.

Also, Exor speculated Juve will have a bigger loss in the 2018/2019 cashflow. As concerned, the team just recruited Ronaldo from Real Madrid worth 100 million euro.

Hence, the management set the target for Massimiliano Allegri squad to be the winner of the Champions League. Besides, Ronaldo’s presence can also trigger the investment from the sponsor.

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