Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Juventus Football Club S.p.A.
  6. News
  7. Summary
    JUVE   IT0000336518

JUVENTUS FOOTBALL CLUB S.P.A.

(JUVE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Juventus Football Club : Serie A players reject pay cut proposal as 'unmanageable'

04/06/2020 | 02:56pm EDT

ROME — The Italian soccer players’ association rejected a proposal from Serie A clubs on Monday to reduce salaries by a third if the season does not resume as “unmanageable.”

The guideline austerity measure was agreed on by 19 of the 20 clubs, the Italian league announced, with Juventus not included because it already finalized a deal with its players to relieve financial pressure on the defending champion amid the coronavirus pandemic.

The reduction would be equal to four months of salary but would be reduced to only two months if the season is completed.

The league added “it remains understood that the clubs will define the agreements directly with their members.”

The players' association responded with a statement calling the league's behaviour “incomprehensible at a time like this.”

The association adds that the desire to make the players pay for the economic damages from the crisis “by painting them in a bad light should make people reflect on the credibility of those who should be leading the soccer system in this time of difficulty.”

The players’ association notes that the “presidents deciding to suspend wages are the same ones who sent their squads out to play until March 9, and made the players train until mid-March.”

Serie A has been suspended since the government ordered a nationwide lockdown nearly a month ago. Twelve rounds remain along with four games that were postponed from the weekend of Feb. 22. The Italian Cup semifinals also were interrupted after the first leg.

At least 15 Serie A players have tested positive for COVID-19.

Juventus announced last month an agreement with its players to forgo 90 million euros ($100 million) in wages. The deal allows Juventus to avoid paying four months of wages before closing its fiscal calendar-year on June 30 — a savings made even more crucial since Juventus shares are listed on the Milan stock exchange.

Juventus players will reportedly get back about half of their missed salaries after June 30, or perhaps even more if this season resumes

Juventus led Lazio by one point when the season was suspended.

Meanwhile, the players’ association said it was encouraged by a government decree creating a 600 euro ($650) stimulus check for amateur athletes for March.

The players’ association also said it was creating a solidarity fund to help footballers in the lower divisions.

___

More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP_Sports

___

Andrew Dampf on Twitter: https://twitter.com/AndrewDampf

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

All news about JUVENTUS FOOTBALL CLUB S.P.A.
11:44aJUVENTUS FOOTBALL CLUB S P A : Dybala off injured as Juventus labors to 3-2 win over Samp
AQ
09/22JUVENTUS FOOTBALL CLUB S P A : gets 1st victory of Serie A season, AC Milan wins
AQ
09/17JUVENTUS FOOTBALL CLUB S P A : reports 210 million euros in losses amid pandemic
AQ
09/17EXOR N : Italy's Juventus reports record 2020-21 loss on coronavirus hit
RE
09/17JUVENTUS FOOTBALL CLUB S P A : Italy's Juventus posts record 2020-21 loss on coronavirus h..
RE
09/17JUVENTUS FOOTBALL CLUB S P A : Approved draft financial statements and consolidated financ..
PU
09/17JUVENTUS FOOTBALL CLUB S P A : Pandemic inflicts off-pitch losses on soccer giants Man Utd..
RE
09/13JUVENTUS FOOTBALL CLUB S P A : Groups drawn for revamped Women's Champions League
AQ
09/12JUVENTUS FOOTBALL CLUB S P A : Ibrahimović scores after 7 minutes as AC Milan stays p..
AQ
09/09MANCHESTER UNITED : After all the hype, Ronaldo set for 1st game back at Manchester United
AQ
More news
Financials
Sales 2021 416 M 487 M 487 M
Net income 2021 -202 M -237 M -237 M
Net Debt 2021 420 M 492 M 492 M
P/E ratio 2021 -4,77x
Yield 2021 -
Capitalization 952 M 1 115 M 1 116 M
EV / Sales 2021 3,30x
EV / Sales 2022 3,17x
Nbr of Employees 915
Free-Float 36,2%
Chart JUVENTUS FOOTBALL CLUB S.P.A.
Duration : Period :
Juventus Football Club S.p.A. Technical Analysis Chart | JUVE | IT0000336518 | MarketScreener
Technical analysis trends JUVENTUS FOOTBALL CLUB S.P.A.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 0,72 €
Average target price 0,83 €
Spread / Average Target 15,3%
EPS Revisions
Managers and Directors
Stefano Cerrato Chief Financial Officer
Andrea Agnelli Chairman
Claudio Leonardi Head-Information Technology & Logistics
Alberto Mignone Head-Administration
Paolo Garimberti Independent Director
Sector and Competitors