Sports

Juve, Agnelli to the shareholders: ‘New project in 5 points until 2025. Good economic efficiency, long way to return’ | First page

Through his web site, a Juventus they revealed a letter written by the president Andrea Agnelli for shareholders who shut the monetary report of the season. An open letter is future targets that begin at 5 pillars with one aim economic and monetary stability ensuing in consolidated accounts. A brand new three-year project that, nevertheless, the sports activities competitors mustn’t stand.

LETTER
Dear Shareas,

after the unprecedented storm of Covid – a lack of greater than 7 billion in the sector between 2019 and 2021 – the finances of 2021/2022 must be the final yr in which we file direct actions due to the epidemic (simply bear in mind, for instance, that final yr we had an rate of interest of lower than 70 %. Therefore it was obligatory to give the firm a brand new technique, accepted by the Board of Directors in June of this yr, to assure the growth of Juventus and to preserve the sporting claims.

The technique of economic restoration has already been developed by the firm, however it’s a very troublesome journey step by step, which seems at the finish of three seasons marked by the epidemic and going by painful instances. From a monetary and economic viewpoint, the 2021/2022 stability sheet, with a lack of 254 million euros, is the most painful interval. The 10 costliest gamers in the league
The costliest gamers in the Serie A finances in 22/23
Play VideoJuventus has created, when exterior occasions have allowed, a brand new three-year plan (2022-25) recognizing that the final three years don’t signify the finish of a broad technique, hampered by the pandemic. Instead, it’s the start line of a brand new journey created above all soccer, innovation and the duty to meet the new wants of individuals.

level of contact between Juventus earlier than and after the pandemic is Women, related to variety and integration however at the similar time trustworthy to the traditions of Juventus – the superb success in the nationwide discipline continues to be seen in our eyes (fifth consecutive Scudetto, Coppa Italia. and Super Cup ) and an incredible Champions League evening at the Allianz Stadium.

The system relies on 5 sturdy pillars, which create many challenges that each Juventus, on and off the pitch, are invited to.

Economic: it’s clear to all, to begin with, that economic and monetary sources, which had been misplaced throughout the years of the epidemic, should return to information the choices of firms. The nice enhance in wealth was the first step in this course of, which right this moment should proceed with confidence and conviction.
Leadership: Juventus’ aim is to guarantee success in each state of affairs by supporting the growth of a model that wishes to be enticing to the youthful generations (Z and Alpha) and needs to be international.
Sports: it’s our important exercise and can all the time be there. Juventus means competing at the highest degree to win, every single day and each competitors. Victory is the aim that Juventus naturally aspires to and each effort of the women and men of Juventus is directed in the direction of victory, ranging from the present season.
ESG: for nearly ten years the firm has been dedicated to sustainability, with complete tasks and reviews. Today we full this dedication by integrating this problem totally into our enterprise. A promise to new generations, which we wish to preserve.
Politics: Our society has been dwelling for a really long time with sure issues which, if not addressed and solved collectively, may endanger the European way forward for the most stunning sport in the world. Here are a few of them:

Financial instability for golf equipment, regardless of excessive economic progress.
The polarization – in the European leagues of every kind, with a number of groups that all the time win and amongst the European gamers the English Premier League is the largest league in the world, unreachable by some other home league. Hence the want for continental golf equipment to enter the Champions League as the solely way to scale back the lack of English golf equipment – growing economic and sporting dangers.
Finally, the youthful generations are shedding curiosity and don’t agree with sports activities: in accordance to some research, in America, the historical past of traits and trend, 39% of Generation Z say they don’t observe sports activities occasions, in contrast to 28% of adults. and solely 20% of (*5*).

Although many researchers and commentators agree on the present unfavorable state of affairs, few measures have been taken by the folks concerned in soccer. And those that are towards them have been experiencing fixed instability, defeat by extraordinary occasions, comparable to the Bosman regime in the Nineteen Nineties.

Meanwhile the European Court of Justice has as soon as once more been known as upon to rule on our trade, this time to affirm whether or not the European soccer governing physique is suitable with EU legislation. Obviously, the court docket will give its choice in the present state of affairs and will probably be essential for all involved.

Regardless of the final result, Juventus has been and can all the time be an lively a part of offering options to the issues of our sector, as a result of they care about the long-term stability of our sector. The entire aim is to put followers and gamers at the heart of the trade, the lives of the most stunning sports activities in the world, whose heartbeat is in the European Union. This consequence should be achieved by guaranteeing buyers, represented by teams, official illustration inside the administration and thus permitting a correct connection between the threat of the commerce and the management of the administration of the economic system. The constructive results of the attainable change can present the underground recreation, by the organizations, and the sources which might be wanted, are distributed transparently by the organizations with well-known positions. Change, in any state of affairs, can solely be achieved by listening and constructive dialogue with all stakeholders. Juventus desires to be an lively a part of these negotiations.

Criticisms and disappointments, that are a part of the soccer course of, are helpful for growth, they shouldn’t be ignored and they won’t be. The dependable methodology that I’ve defined to you may be troublesome however it can convey seen outcomes. Juventus has not stopped and, with the fixed help for nearly a century of its important homeowners and a whole bunch of hundreds of thousands of followers round the world, it desires to write new profitable chapters in its historical past.

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