Last night, Juventus bowed out of the Champions League even if they still have one fixture to play against Paris Saint Germain next week.
While exiting Europe’s elite club competition is primarily a sporting blow for the club, it also has major consequences on the balance sheet. After all, this tournament provides its participants with significant revenues.
According to Corriere dello Sport, reaching the Champions League round of 16 would have provided Juventus with at least 30 million euros.
Furthermore, this figure would reach 50 million had the Bianconeri made it to the Semi Finals.
As the source explains, these sums are only related to prize money. One should also add the revenues collected from the box office and merchandises.
To make matters worse, Juventus have only registered one win of out of five matches thus far. So they were only able to gain 2.8 millions out of 14M possible from win bonuses.
While the club will try to make up for the disappointment by heading to the Europa League and making a solid run in the second-rate competition, even by winning it, they would only collect a total of 20 millions.
On the other hand, reaching the Champions League group stage next season is of paramount importance, as it would provide the club with 50 millions at the very least.
Otherwise, the management will probably be forced to downsize the project even further.
50m down the drain, but still saved 30m keeping dinosaur allegri, right?? but it cost you your reputation, relevance, nearly every single fan`s respect for you and best players as no one will come to you or stick around for clueless allegri and the players that regress around him #BanterEra
100% agree. Can’t believe this group of clowns in management still have jobs this morning.
Yep spot on they should have pulled the plug on Allegri after the first Benfica loss. But there is no one the bridge and the ship called juve is going down the drain.
This is now on Agnelli. Everyone knows the disaster that is Allegri but Agnelli still refuses to act. He must be prepared for the financial consequences as a result. Unfortunately as fans, this is painful to endure.
This team is a total disaster, it seems that someone is really interested in crashing it in all possible ways.
It’s not 50 it’s only 15 mil down the drain.
Advancing to the knock out stages brings in only 15 mil.
And let’s be realistic, Juve will never make it out of the knock out stages, let alone advance to the semi final lol
You guys have way too high expectations.
Who is this source?
Advancing to the knockout stages brings in 15 mil not 30 mil, jeez, people will do everything these days to pump up numbers to get the clicks and likes.