The second part of the deal on the axis is completed Juventus-Aston Villa. After the transfer of Douglas Luiz in black and white, the route in the opposite direction has been officially announced: Enzo Barrenechea e Samuel Iling-Junior they are two new players from the Birmingham club.
The official announcement was made by the Villa’s with a note on their official website, in which they confirm the double salary without disclosing figures or details of the contracts.
THE PRESS RELEASE – Aston Villa is pleased to announce the double signing of Enzo Barrenechea and Samuel Iling-Junior from Juventus.
Barrenechea began his career in his homeland of Argentina before moving to Europe with Swiss club Sion.
At Juventus since 2020, the 23-year-old spent last season on loan at Frosinone.
London-born defender Iling-Junior began his career in Chelsea’s youth system before joining Juventus in 2020.
Comfortable anywhere on the left flank, the versatile 20-year-old has also been called up by England at Under-21 level.
The pair also bring with them UEFA Champions League experience having played for the Italian club in the 2022/23 season.
Welcome, Samuel and Enzo!
THE FIGURES – Also there Juventus he then confirmed the double sale and announced the figures of the deal: 18 million euros plus 3 million bonuses for Iling-Junior, 8 million plus 3 million bonuses for Barrenechea; it should be remembered that Douglas Luiz was signed for 50 million euros.
Juventus Football Club SpA (“Juventus” or the “Company”) announces that it has reached an agreement with Aston Villa Football Club for the definitive transfer of the rights to the sporting performances of the players:
• Samuel Iling-Junior for a fixed consideration of €14 million, payable in four financial years, in addition to variable bonuses of up to a maximum of €3 million. This operation generates a positive economic impact on the 2024/2025 financial year of €11.9 million, net of ancillary costs (solidarity contribution and agent fees);
• Enzo Alan Tomás Barrenechea for a fixed consideration of €8 million, payable in four financial years, in addition to variable bonuses of up to a maximum of €3 million. This operation generates a positive economic impact on the 2024/2025 financial year of €5.5 million, net of ancillary costs (solidarity contribution and compensation to agents).
It is recalled that on 30 June 2024, as described in the specific press release, an agreement was also reached with the same counterparty for the definitive acquisition of the rights to the sporting performances of the footballer Douglas Luiz Soares de Paulo in in exchange for a fixed consideration of €50 million.
The above-mentioned transactions entail a monetary adjustment to be paid by the Company – based on the differential of the fixed fees – equal to €28 million.
These operations – on the basis of preliminary investigations of a legal and accounting nature – can be classified as separate and distinct operations from both a contractual and substantial point of view.
It should also be noted that, in light of the interpretative uncertainties regarding the application of IAS 38 which regulates the matter, the Company – in application of its internal procedures – has carried out preliminary analyzes to verify the occurrence of the two requirements (commercial substance and reliable measurement of fair value) necessary for the accounting of transactions at fair value (and, therefore, with recognition of the positive impacts on the income statement mentioned above) even if the transactions were, hypothetically, qualified as exchanges of intangible assets pursuant to IAS 38 (and not separate and distinct operations). These preliminary analyses, also carried out with the support of external advisors, currently confirm the existence of the two required requirements. Otherwise, in the event that the transactions were considered exchanges and where even just one of the aforementioned requirements was not considered satisfied, the transactions could not be recognized at fair value.
It is specified that the final assessments regarding the accounting recognition of the transactions will be carried out for the purposes of preparing the Semi-Annual Report as at 31 December 2024, whose approval is expected in February 2025, in which complete information will be provided, to which reference should be made for further information. information.
