Juventus in NEW financial scandal

KirkDuyt

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Juventus is somehow quite respected here and seen as a majestic club. I have no idea why. Quite possibly the dirtiest club around in top football.
 

pacifictheme

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Juventus is somehow quite respected here and seen as a majestic club. I have no idea why. Quite possibly the dirtiest club around in top football.
I feel this way about them to despite everything I know about them. I think it goes back to football italia and Channel 4s serie a coverage in the 90s when it was the best league in Europe. I just have a really nostalgic view of Italian football and their clubs. I can't really think of an Italian club I don't like.
 

do.ob

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Juventus is somehow quite respected here and seen as a majestic club. I have no idea why. Quite possibly the dirtiest club around in top football.
Generally speaking people don't care about anything morally. If you do well they like/respect you and if you don't, then they don't.
 

HTG

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The funny thing is, that despite all this, their squad still sucks.
 

GloryHunter07

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That's not actually fraudulent in itself though, is it? So where does the fraud come into it?
I think the issue is what value is placed on players involved in the swap. If you are valuing both players at ridiculous levels that results in an accounting / FFP benefit then you could be in trouble.
 

Morty_

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Talk of relegation, hmm, that would be something.

They don't have that many high profile players, but still a few, i doubt they would like to play in Serie B.
 

SirReginald

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We will help balance their books by signing Chiesa for half his worth. Your welcome.
 

romufc

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Yet some people think they can afford Pogba.

Pogba's agent has played his cards, he will end up at PSG.
 

Dave Smith

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Juve share price today

Yeah, I don't think people are quite getting how much trouble Juve will be in with financial regulators/the government/the police if they're found to have cooked the books and presented it to the markets as genuine income.

Point deductions and stripping of titles will be the least of their problems as that is the kind of thing that would have the FBI involved if they were a US company.
 

::sonny::

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Yeah, I don't think people are quite getting how much trouble Juve will be in with financial regulators/the government/the police if they're found to have cooked the books and presented it to the markets as genuine income.

Point deductions and stripping of titles will be the least of their problems as that is the kind of thing that would have the FBI involved if they were a US company.
Opened in gap down, lost 45% in 1 week as a share price

About this story we still don’t know enough, but it could be a big thing if there’s a confirmation of all the accusations

The main problem for them it’s because they are listed in many stock exchange (italy milan and also germany berlin, stuttgart, frankfurt, dusseldorf, munchen and also prague and Tokyo)
 

Bepi

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Opened in gap down, lost 45% in 1 week as a share price

About this story we still don’t know enough, but it could be a big thing if there’s a confirmation of all the accusations

The main problem for them it’s because they are listed in many stock exchange (italy milan and also germany berlin, stuttgart, frankfurt, dusseldorf)
That's because of the official mandate to raise capital for 400m euros, which dilutes the remaining shares in proportion to the market valuation from the day it is brokered on, which was mid last week. I understand this is a bit too complex for piranhas in Piranhistan, though.
 

Adam-Utd

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That's because of the official mandate to raise capital for 400m euros, which dilutes the remaining shares in proportion to the market valuation from the day it is brokered on, which was mid last week. I understand this is a bit too complex for piranhas in Piranhistan, though.
Is there really any reason to try and sugar coat it and act like the clubs cheer leader?

The club have fecked up and are going to pay for it. You can be a fan but still accept you're in big trouble.
 

T00lsh3d

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That's because of the official mandate to raise capital for 400m euros, which dilutes the remaining shares in proportion to the market valuation from the day it is brokered on, which was mid last week. I understand this is a bit too complex for piranhas in Piranhistan, though.
Oh shut up. Your club’s grubby as feck and they’re shite on the pitch to boot.
 

Bepi

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Is there really any reason to try and sugar coat it and act like the clubs cheer leader?

The club have fecked up and are going to pay for it. You can be a fan but still accept you're in big trouble.
Oh shut up. Your club’s grubby as feck and they’re shite on the pitch to boot.
You can ban me from this forum and good riddance. Until then, I will be reporting facts.
 

::sonny::

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That's because of the official mandate to raise capital for 400m euros, which dilutes the remaining shares in proportion to the market valuation from the day it is brokered on, which was mid last week. I understand this is a bit too complex for piranhas in Piranhistan, though.
Ok, good luck with that, for piranhas ask Agnelli



 

Adisa

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The fans should be up in arms.
Imagine being constantly robbed of glory and pride cause the people who run your club are dirty.
 

Interval

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That's because of the official mandate to raise capital for 400m euros, which dilutes the remaining shares in proportion to the market valuation from the day it is brokered on, which was mid last week. I understand this is a bit too complex for piranhas in Piranhistan, though.
Raising 400m by diluting shareholders doesn’t cause the stock price to fall by 45pct. Just doesn’t. Not even by plain math it doesn’t let alone in finance.

of course if the mkt believes that the 400m will be required forwrite offs then maybe. But then it has nothing to do with the dilution
 

::sonny::

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Raising 400m by diluting shareholders doesn’t cause the stock price to fall by 45pct. Just doesn’t. Not even by plain math it doesn’t let alone in finance.

of course if the mkt believes that the 400m will be required forwrite offs then maybe. But then it has nothing to do with the dilution
Exactly, when it happen you don’t see it in the graphic, today opened in gap down
 

Bepi

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Raising 400m by diluting shareholders doesn’t cause the stock price to fall by 45pct. Just doesn’t. Not even by plain math it doesn’t let alone in finance.

of course if the mkt believes that the 400m will be required forwrite offs then maybe. But then it has nothing to do with the dilution
It is paradoxical, really: the document announcing the 400m raising, explicitly states that "the club is under investigation from the regulators for the accounting matters, with a moderate-to-high risk of some further impact in the short term".

After that document went public last week, the crows and the crowds went ballistic... whoaaaaaa, they are admitting they're guilty!!

Let's see how this pans out in the coming weeks.
 

giorno

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The fans should be up in arms.
Imagine being constantly robbed of glory and pride cause the people who run your club are dirty.
No, don't you get it? It's all a big anti-juventus conspiracy. Again.
 

PepG

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Juventus is somehow quite respected here and seen as a majestic club. I have no idea why. Quite possibly the dirtiest club around in top football.
Absolutely agree.. i hope they are relegated but this time without fast promotion back in the next season and after few years in Serie B are gone into obscurity where they belong..
 

adexkola

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I think the issue is what value is placed on players involved in the swap. If you are valuing both players at ridiculous levels that results in an accounting / FFP benefit then you could be in trouble.
It's long been accepted that player valuation has long been a junk science (i.e. not scientific at all).

I'd be curious to know what baseline is being used to determine overvaluation by Juventus. I agree with another poster who said many more clubs could be pulled up for this.
 

::sonny::

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It's long been accepted that player valuation has long been a junk science (i.e. not scientific at all).
Yes, but in this situation there are wiretapping as a support of it, with the prosecutors calling it the “paratici system”
 

Dave Smith

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It's long been accepted that player valuation has long been a junk science (i.e. not scientific at all).

I'd be curious to know what baseline is being used to determine overvaluation by Juventus. I agree with another poster who said many more clubs could be pulled up for this.
From what I have read, the issue isn't so much that they did this as a football club, but rather they did this as a publicly listed business.
 

Lay

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Only if Buffon stayed, he would have had two relegations due to corruption under his belt.
 

GloryHunter07

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It's long been accepted that player valuation has long been a junk science (i.e. not scientific at all).

I'd be curious to know what baseline is being used to determine overvaluation by Juventus. I agree with another poster who said many more clubs could be pulled up for this.
It only really becomes an issue with swaps, so only a fraction of transfers.
Id agree though, how can you prove a value of a footballer is appropriate or otherwise.
Falsifying invoices Is rather more cut and dryed.. bad news.
 

adexkola

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From what I have read, the issue isn't so much that they did this as a football club, but rather they did this as a publicly listed business.
Makes sense.

It only really becomes an issue with swaps, so only a fraction of transfers.
Id agree though, how can you prove a value of a footballer is appropriate or otherwise.
Falsifying invoices Is rather more cut and dryed.. bad news.
Agreed on this.
 

DWelbz19

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The fans should be up in arms.
Imagine being constantly robbed of glory and pride cause the people who run your club are dirty.
Judging by the one in this thread it’s all “Piranastan” , apparently.
 

DWelbz19

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Only if Buffon stayed, he would have had two relegations due to corruption under his belt.
:lol: If only. Couldn’t have happened to a nicer bloke