Tuttosport – Juventus transfer market, the expert speaks: ‘The renewal of Rabiot is a bargain. Better to sell Szczesny than Soulé’

Tuttosport – Juventus transfer market, the expert speaks: ‘The renewal of Rabiot is a bargain. Better to sell Szczesny than Soulé’
Tuttosport – Juventus transfer market, the expert speaks: ‘The renewal of Rabiot is a bargain. Better to sell Szczesny than Soulé’

of 10/06/24 at 09:30 Of BN editorial team

What can you realistically expect from Juventus transfer market in light of the – notoriously not rosy – situation of balance? Tuttosport he talked about it with Fabrizio Droolfull professor of Business Economics at the University of Turin.

INDICATIONS FROM THE ACCOUNTS – “The first is that Giuntoli will be able to spend on the basis of how much and how he manages to sell: the market, in fact, will have to be financed by the sale of the cards. And this not for cash needs nor to necessarily obtain capital gains by 30 June , also because the loss in the next financial statement will still be significant, especially due to the exclusion from the last Champions League, but to reduce fixed costs and pursue the objective of financial sustainability, with the business plan expecting to achieve profit in 2026/2027: to achieve this it will be necessary to contain amortization and wages, which are currently inconsistent with the total size of revenues”.

SACRIFICE OF A BIG – “It cannot be argued that it is necessary, but certainly in planning Giuntoli will have to take into consideration the sale of at least one element that weighs heavily on the income statement, to reduce amortization and wages. This group includes players like Vlahovic, Chiesa and Bremer , but also others perhaps less strategic for the future such as Szczesny, Kean, Milik, Kostic and McKennie, without forgetting Arthur”.

YOUNG – “From a sporting point of view and perhaps also from the perspective of the fans, it could be easier to sacrifice a young man who has not yet found space in the first team. There is a lot of talk, for example, about Soulé. But compared to the budget objectives, the the effects of his transfer would be limited. With the farewell of the Argentinian, an important capital gain would be obtained, considering the small value of the entry in the balance sheet, but for financial needs it would be more important, for example, to lose Szczesny, even at faced with a much more modest capital gain. And this is because the goalkeeper would free up a total of over 13 million from the income statement.”

HEAVY ENGAGEMENTS – “Vlahovic’s salary is an expensive legacy from the past, also because a high amortization is added to the salary. But he is a player whose value, in reality, can still grow, in light of his age and technical potential Rabiot, on the other hand, has the advantage of being a free transfer and benefiting from the tax discounts of the Growth Decree. It must be considered that, despite the significant salary, it could be difficult to find a player of similar value on the market. lower overall cost, between salary and amortisation. Therefore, more generally, also considering the need to numerically expand the squad, Giuntoli will have to limit the acquisition of players with high prices, favoring the inclusion of players from the first team from the Next Gen or at zero parameters. Because, at the end of the market, the overall value of wages and amortization will have to record a reduction”.

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