Juventus, the risk of maxidebito in the prospect of Cristiano Ronaldo bond

Juventus, il rischio del maxidebito nel prospetto del Cristiano Ronaldo bond

Juventus, the risk of maxidebito in the prospect of Cristiano Ronaldo bond. Photo EPA / JuanJo Martin

TURIN – The financial situation of Juventus is certainly not the best. According to an analysis by Gianni Dragoni for Il Sole 24 Ore, the net financial debt of the Bianconeri increased by 90% in the previous year and the company has already forecast further increases in the current season.

Completed the placement of the bond (which is a debt), on February 13 the Juventus financial director, Marco Re, said that the debt is sustainable. As Il Sole 24 Ore continues, the club confirms it and rejects alarmist interpretations. He pointed out that in the investor's report it is customary to emphasize a series of risks, even extreme ones, to protect the issuer from the risk of lawsuits. By making a comparison, a phrase identical to that used by Juventus on the "risk of not repaying debts" is stated in the balance sheet at June 30, 2018 of Manchester United. Another club that has placed bonds and has high debts, amounting to £ 495.8 million.

De Laurentiis causes Juventus: "If I had a debt of 200 million …"

Sunday, March 3 there is a direct clash between Naples and Juventus, different stories and corporate philosophies. This time the San Paolo should be filled, but De Laurentiis poses a question about the financial management of the Agnelli family and more generally of Italian football: "If I had a debt of 200 million with the banks for taking a player, or Cristiano Ronaldo, who sense would win? Let's think about the right recipe ".

(source: Gianni Dragoni for Il Sole 24 Ore ).

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