La Monica: Juve's Finances, Champions League Imperative
Gabriele La Monica, speaking on Radio Bianconera during Cose di Calcio, addressed Juventus' financial standing. He anticipates a deficit in the club's financial report. However, he noted that 15 million euros in capital gains made before the financial year's close will help mitigate this loss.
Gabriele La Monica, speaking on Radio Bianconera during Cose di Calcio, addressed Juventus' financial standing. He anticipates a deficit in the club's financial report. However, he noted that 15 million euros in capital gains made before the financial year's close will help mitigate this loss. Summer acquisitions were structured with installment payments, meaning 230 million euros will impact next year's budget. The key challenge lies in matching income with existing financial commitments.
La Monica believes player sales before June 30th are essential for financial stability next season. He also pointed to potential revenue from the team's performance in the league and European competitions. Once these incoming resources are clear, the club will better understand the necessary sacrifices in the transfer market before the June 30th financial deadline.
He suggested that players currently outside the main squad, like Rugani, could be sold. Similarly, players with less game time might also be transferred. The situation is complex, with many variables at play. The performance of loaned-out players who are excelling could also open avenues for sales.
Ultimately, La Monica stressed that a top-tier sporting outcome is non-negotiable. This means securing a Champions League spot (top four) or winning the Europa League, or both. These achievements are vital for building a winning team. Failing to qualify for the Champions League would be financially devastating, marking two consecutive years without significant revenue. Missing out on the Europa League final would compound these issues for many players.
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