Teun Koopmeiners arrives at JMedical ahead of permanent transfer to Juventus from Serie A side Atalanta.
Teun Koopmeiners arrives at JMedical ahead of permanent transfer to Juventus from Serie A side Atalanta.
Juventus’ CEO Maurizio Scanavino made clear that last summer’s cost cuts laid the ‘foundations’ which will allow the club to spend big again in the future, as he’s confident they will remain the Serie A club with the ‘highest budget’ to invest in new players.
While the Bianconeri carried out an extremely expensive transfer market window last summer, they financed their new deals by either selling players or not renewing lucrative contracts, as was the case for Alex Sandro, Adrien Rabiot and Wojciech Szczęsny, with whom the club decided to part ways.
epa11712328 Juventus' Timothy Weah celebrates after scoring the 1-0 goal during the Italian Serie A soccer match between Juventus FC and Torino FC, in Turin, Italy, 09 November 2024. EPA-EFE/ALESSANDRO DI MARCO
epa11712328 Juventus’ Timothy Weah celebrates after scoring the 1-0 goal during the Italian Serie A soccer match between Juventus FC and Torino FC, in Turin, Italy, 09 November 2024. EPA-EFE/ALESSANDRO DI MARCO
According to the Old Lady’s executive, such a plan was aimed at reducing the club’s heavy loss from their last balance sheet, as cutting their wage bill was just the first step to keep them financially competitive in the long-term and bridge the gap with top European teams that can currently afford ‘a collection of stars’.
Juventus CEO Scanavino: Bianconeri will have ‘highest budget’ to sign new players
“We were coming from a particular situation, with salaries and amortizations particularly high,” Scanavino told Radio TV Serie A, as quoted by La Gazzetta dello Sport.
However, the actual loss this year is around 70 million, a recovery of more than 50% compared to the previous year. The trajectory is very good for the future as well.
“Juventus should remain the team that, in the long term, will have the highest budget to invest in the sporting side.
“This guarantees great competitiveness, but of course, we need to make the right choices, the right market moves, and also have a bit of luck.
TURIN, ITALY - OCTOBER 19: Douglas Luiz of Juventus celebrates his team's first goal, an own goal scored by Mario Gila of Lazio (obscured) during the Serie A match between Juventus and SS Lazio at Allianz Stadium on October 19, 2024 in Turin, Italy. (Photo by Valerio Pennicino/Getty Images)
TURIN, ITALY – OCTOBER 19: Douglas Luiz of Juventus celebrates his team’s first goal, an own goal scored by Mario Gila of Lazio (obscured) during the Serie A match between Juventus and SS Lazio at Allianz Stadium on October 19, 2024 in Turin, Italy. (Photo by Valerio Pennicino/Getty Images)
“But these are the foundations, because it wouldn’t be right to imagine a strategy solely focused on cost-cutting, which would reduce competitiveness for top-level goals.
“Giuntoli and Motta are working hard to bring in strong players who can be part of a team and make a difference, bridging the gap with certain clubs that may have a collection of stars but are often difficult to keep together.”
Juventus’ most expensive summer signings, Douglas Luiz and Teun Koopmeiners, have both struggled to make an impact at the Allianz Stadium so far, as they still have to score a goal despite racking up 23 appearances across all competitions combined.
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