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Juventus faces financial challenges as it looks to generate €80m from player sales
Published
11 months agoon
Juventus is facing a tough financial situation due to the impact of COVID-19 and the absence of Champions League revenue. The club is estimated to have suffered a loss of €120m, which has prompted the need for significant player sales this summer.
According to La Gazzetta dello Sport, the club has already secured €60m from the departures of high-profile players, with the potential to generate up to €70m from additional player sales. This brings the club’s total target to €80m, which is a realistic but cautious figure.
However, even if the club reaches this target, it may not be enough to alleviate the financial burden entirely. Juventus will need to evaluate which players will need to be sacrificed to further reduce the wage bill and generate additional revenue.
This could include players like Samuel Iling-Junior, who would bring in pure profit, or Szczesny, who would reduce the wage bill. However, it may also involve difficult decisions regarding key players like Chiesa and Vlahovic.
The club is also hoping to sell Luca Pellegrini, Hans Nicolussi-Caviglia, Koni De Winter, and possibly Andrea Ranocchia, who are all returning from loan spells. These sales, along with the potential sale of McKennie and Zakaria, would bring the club’s total target to €80m.
However, Juventus is unlikely to make a profit from the sale of Arthur Melo due to his poor form on the field. The club is now hoping to loan him out, even for free, to avoid taking on his wages.
I am seasoned senior correspondent at Forza Juventus, where I specialize in providing in-depth coverage of transfer news, insightful analysis, and everything related to the world of Juventus.