Juventus hasn’t spent much money on the transfer market in the last two windows, after restructuring their front office by appointing Cristiano Giuntoli.
Apical exec Francesco Calvo, who headed the squad together with sporting director Giovanni Manna for a while before the arrival of the Napoli official and has been with the club for years, spoke on their financial status and aims to Il Sole 24 Ore (via Calcio e Finanza).
“After all of the earthquakes that have struck the club, this is really the first year. Our aim is to stabilize income, given that not competing in the Champions League cost us €100 million, plus an additional €15 million last season due to early elimination. The outcomes we’re seeing in terms of youth empowerment and social media admiration for the Juventus brand give us optimism for the future. If the sports performances are positive, our progress will be expedited.”
Calvo emphasized that investments in the Next Gen squad had not been diminished despite being rebuilt last summer. Several notable players left to compete in Serie B.
The pipeline is critical for management. Youngsters re-pay themselves through cheap salaries, amortizations, and future successful sales.
Juventus has only signed three first-team players in the previous six months:
Timothy Weah, Tiago Djaló, and Charles Alcaraz, for a total of approximately €17 million. The Argentine came from Southampton on an initial loan with a strong option to purchase.
READ MORE…