“The budget trajectory is very good for the future even if clearly there are elements of unpredictability linked to some sporting performances and the tail end of some elements of the past.” Yesterday Maurizio Scanavino This is how he explained the -200 that Juve reported on the balance sheet, explaining that there are reasons that could lead to optimism. If it is true that the Club World Cup and the Champions League will give between 120 and 130 million this year, perhaps closing with a -30, on the other hand Juve’s balance sheet will continue to be in the red.
The reality is that without the Club World Cup, around 80 million in capital gains would be needed to avoid having a red card. It means selling one important player per year, or five from the Next Gen as done this year. In short, it is not yet known exactly where Juventus’ night is at, probably the next budget will not be too much in the red, but it will certainly be given by entirely positive conjunctions: the capital gains of the young people, the Champions League, participation in the Club World Cup. In short, situations that are complicated to replicate every season. What if he doesn’t finish in the top four next year? Here the situation would change for the worse, given that at least 50-60 million are awarded season after season. And somehow we should find them.
These are Scanavino’s other words. “As we represented in the recent shareholders’ meeting, the numbers speak of a loss of around 200 million, but if we analyze it in detail between the lost revenues deriving from the non-participation in European competitions (last year we were disqualified) and extraordinary charges linked to the management, at the tail end of all the events in the last two years we have losses that exceed 150 million which are not from ordinary management. As I said at the meeting, the real loss this year should be considered around 70 million recovery of over 50% compared to the previous year. The main objective is to maintain the balance between sustainability and competitiveness, therefore it is important to find as many resources as possible within the company to be able to invest in the sporting part to be always competitive.”