Thursday, August 6, 2009
Board Of Directors Approves Figures As In June 2009
The Juventus board of directors has approved the figures relative to the fourth trimester.
Which show that the net result up to the 30th June is a positive €6.6 million. This is a significant improvement compared to last year when the result was €20.8 million in the negative. This is relevant data which is associated with a net positive financial position of 25.6 million, which represents an improvement of over 14 million over that of the 2007/2008 season. Takings have also risen for this season – thanks especially to the effect of the Champions League – touching the 20.4 million mark, an 18% improvement over last year. The figures are at the level of the 2005/2006 season.
With regards to the data relative to the 4th trimester, the takings are equal to 53.4 million (+26.1% compared to 2007/2008) and expenses at 56.2 million (an increase of 28.1% compared to last year). The trimester has a net negative result of €15.1 million, an improvement of over 5 million when compared to 2007/2008.
"The figures approved by the board – declared Juventus general manager Jean-Claude Blanc at the end of the meeting – confirm the quality of the work done, on all levels, and represent a solid base for next year, for which we have formulated a foreseen sustainable break even. These figures consolidate the idea of sustainable football: an objective which is practical thanks to a careful management and the dedication and professionalism of all the employees and collaborators of the club".
The details of the fourth trimester are published in the press release.
Juventus.com
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