THIS is one of the reasons I don't understand people critizicing Juve's management.
We didn't make any revenues in the UEFA Cup, we didn't make anything in Coppa Italia and we didn't win lo scudetto + only Inter has higher expenses concerning salaries than us.
Anyway we're running like a smooth machine economically, which ensures our position as a team to reckon with in the future as well.
Lazio will in all propability end up with a minus this season in spite of winning three trophees and getting to the quarter final of the CL.
Only Milan has an organization that can match ours, and they're not up to speed either.
Ciao.
Juventus set for profit in 1999-2000
MILAN, May 25 (Reuters)(DS) - Italian Serie A soccer club Juventus should raise revenue in the 1999-2000 year to 230 billion lire ($107 million) from 173.3 billion and turn in a profit, the controlling Agnelli family said on Thursday.
But Umberto Agnelli, chairman of the Agnelli family holding Ifil , told reporters on the sidelines of an analysts' meeting it would not be seeking a swift stock market listing.
"First of all we're seeking to give the club a wider asset base so that it is not exclusively dependent on match results,"
Italian news agency ANSA quoted Angelli as saying.
"We're trying to buy the (Turin's Delle Alpi) stadium and...the possibility of having a certain amount of space around
it for services and training grounds," Agnelli said.
Juventus ended the season one point behind champions Lazio, the fist Italian soccer club to be quoted on the stock
market.
City rivals AS Roma joined Lazio on the bourse this week.
We didn't make any revenues in the UEFA Cup, we didn't make anything in Coppa Italia and we didn't win lo scudetto + only Inter has higher expenses concerning salaries than us.
Anyway we're running like a smooth machine economically, which ensures our position as a team to reckon with in the future as well.
Lazio will in all propability end up with a minus this season in spite of winning three trophees and getting to the quarter final of the CL.
Only Milan has an organization that can match ours, and they're not up to speed either.
Ciao.
Juventus set for profit in 1999-2000
MILAN, May 25 (Reuters)(DS) - Italian Serie A soccer club Juventus should raise revenue in the 1999-2000 year to 230 billion lire ($107 million) from 173.3 billion and turn in a profit, the controlling Agnelli family said on Thursday.
But Umberto Agnelli, chairman of the Agnelli family holding Ifil , told reporters on the sidelines of an analysts' meeting it would not be seeking a swift stock market listing.
"First of all we're seeking to give the club a wider asset base so that it is not exclusively dependent on match results,"
Italian news agency ANSA quoted Angelli as saying.
"We're trying to buy the (Turin's Delle Alpi) stadium and...the possibility of having a certain amount of space around
it for services and training grounds," Agnelli said.
Juventus ended the season one point behind champions Lazio, the fist Italian soccer club to be quoted on the stock
market.
City rivals AS Roma joined Lazio on the bourse this week.