In a recent false accounting accusation (aka Prisma investigation), fans and observers are trying to understand how Juventus first faced this dire situation.
The allegations are based on overvalued transfer fees reported by the club over the past few years, especially in exchange transactions.
The intent was to balance the books by adding capital gains thanks to the overvalued transfer fees (Arthur Melo is reported as a € 72 million purchase).
But the question that raises itself is why the club, which was widely considered as the financial module of Italian football, was confused.
Sure, the outbreak of Covid-19 has had a devastating financial impact, but at Juventus the problem probably goes beyond that.
according to Tuttosport via Calcio MercatoThe purchase of Cristiano Ronaldo in the summer of 2018 was a major mistake that caused drowning.
The Portuguese spent more than € 100 million on transfers to the club and his total astronomical wages reached € 57 million per season.
While Bianconeri was betting on success in Europe to improve the club’s status, the team reached the quarterfinals only once in the last three seasons, and the move was backfired.
Therefore, management may have been in the red in terms of balance sheets and had to resort to some dangerous things to make up for it.
Juventus FC says
The report describes the Ronaldo case as the ultimate sin. Perhaps it’s a bit exaggerated, but the combination of bad plans and unfortunate circumstances has destroyed the longest-winning dynasty in Italian football history.
– Soccer Sports
When did that go wrong for Juventus? Italian report reveals original sin-Juvefc.com
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