Sunday, 22 September 2019

Negative Side of Cristiano Ronaldo’s arrival at Juventus

By db-admin

DBasia.news –  The presence of Cristiano Ronaldo to Juventus did not only provide many positive impacts. According to notes from Calcio e Finanza, there are also negative effects that have an impact on the Bianconeri.

Juventus released financial statements throughout the 2019-2020 season which ended on June 30, 2019. In the report, I Bianconeri launched the club’s income and expenses.

In terms of revenue, as much as 621.5 million euros went into the pockets of Juventus throughout the 2019-2020 season. The amount was up 116.8 million euros or 23 percent over the previous year.

Meanwhile, from expenses, Juventus jumped from 20.7 million euros to 39.9 million euros. That is, expenses for the Bianconeri almost doubled.

Judging from the financial statements, of course, Juventus still benefit. However, that does not mean La Vecchia Signora can be relaxed with it.

The amount of 100 million euro transfers issued by Juventus made their expenses soar. From 233.4 million euros to 301.3 million euros.

Additional amortization costs also increased dramatically. From the previous 107.9 million euros to 149.4 million euros, 28.8 million euros were specifically for Cristiano Ronaldo.

When viewed in detail from these financial statements, Cristiano Ronaldo made Juventus suffer a loss of 83.1 million euros. While only half (46.29 million euros) has returned.

Juventus can still be helped by the share capital they have. At present, the Italian football giant has 300 million euros from this funding source.

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