Why Juventus are in crisis
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- Опубликовано: 21 ноя 2024
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In November 2022, Andrea Agnelli, the Chairman of Juventus, and the rest of the board announced they were resigning. Agnelli had been the Chairman for 12 years. They had decided to leave following an investigation into Juventus’ finances.
Why were Juventus’ finances being investigated? What did the investigators find? Why did it cause the board to resign? What happens to Juventus now?
James Horncastle explains. Philippe Fenner illustrates.
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#Juventus #Juve
UEFA are good at banning smaller clubs from Uefa competitions for corrupt accounting but when it comes to Barcelona , Juventus , PSG and Man City they apply different rules .
💰🤐
@@connorj6462 never
can't lose all that money
Well, Barcelona, PSG and City have their own set of rules. Otherwise they would be persecuted for years, because they've been doing the same thing as Juventus, just on a larger scale and for years now.
Absolutely. The big clubs basically do what they want for the most part.
Signing Higuain and Ronaldo for a combined £185m can't have helped matters, and the swap with Arthur and Pjanic could well be the dodgiest high profile transfer of all time as it was clearly a act of balancing the books and purely for financial reasons at a hugely inflated price.
Here was me thinking the swap deals of Eto'o and zlatan plus 50 million was dodgy.
Actually, it was widely reported at the time that Ronaldo’s transfer fee was paid for within a week from sales of his shirt alone. They continued to make a lot of money off of Ronaldo despite his wages, but Covid hit Italy and Serie A harder than any other league at that time. Higuain…I got nothing other than that he should have played with Ronaldo, but that midfield was a dead zone in terms of feeding the forwards. The Pjanic for Arthur deal was very suspicious at the time. Pjanic was actually their best mid imho. He was one of the only midfielders who could feed the forwards and Arthur was essentially a bench warmer at Barca.
If I understood correctly the ongoing investigations are not related to the transfers as the claims of inflated values couldn't really be proved
@@fawnstaggup
@@fawnstagg nobody sells 100m worth of shirts in a week, especially when most of that money would go to Adidas
If Barcelona was one half of a suspicious transfer, should Spanish prosecutors investigate them as well?
Yes
nope
Hahaha. If you can find the lost blood samples from the Guardiola era, pay Messi's taxes, put Guardiola's doctor in front of a judge, dig up Franco and ask him why he helped designate Les Corts as residential property to help pay for the Camp Nou then maybe you can start investigating the Arthur transfer.
Can't really investigate if the relevant administration has already been voted out of office
the suspicious transfer were for young players I thinl
Aaaand they got docked 15 points for this. Ouch. They may not even get a Europa League qualification. Yikes
👀 They’re getting close. Only 4 points behind #6 Atalanta for ECL and 7 behind Inter for #5 for EL
What about now?? You know there’s a famous saying in Italy, “the old lady never dies” no matter how much disastrous the situation is (just watch after calciopoli scandal in 2006, how Juventus grew)
Can Italy go a world cup without being a football scandal? I mean they weren't even at Qatar and they STILL made headlines with this
They actually can’t go to a World Cup
Nope. It's part of their deal with the devil. They will go to world cups, but will be an eternal shitshow in the domestic scene.
@@Coach-Gautam_Gambhir England are chockers
Just Juventus being Juventus
@@praddumnvats6759 they didn't beat only England to win the EUROs
Can you do this about Porto and Benfica and their legal cases in the last 30 years, please?
15 point deduction 😂😂
What about now since they got them back? 😂
😂 ... But... It's really not funny. Juventus is a legendary club and while we all laugh, the fans are hurting. Imagine that happening to your clubs. It's just sad.
@@shahzebali1891oh how the time flies 😂😂😂😂😂
Can't believe prosecutors used transfermarkt 😂 - A website that's discouraged from being used as a source on wikipedia ffs.
It's such a wildly inaccurate resource that they'd probably have been better off using the equally ridiculous transfer values on fifa career mode
Guess they're not football fans
@@stevenlannister184 Doesn't take a football fan to have the critical analysis skills to not just take from a user-generated website called "transfermarkt"
Transfermkt is great for transfers news and analysys/average value of transfers.
The problem wasnt the source, any transfer value is impossible to be accurate since that value depends on two parts, and thats was exactly what was ruled.
Can't believe people believe whatever they spot in the graphics of an attention-grabbing 4 minutes short on RUclips
First of all, as an Italian, i want to express my congratulations for how complete and flawless this video is. Secondly, I hope that these disgraceful people, if proven guilty, finally pay for their crimes..
"IF PROVEN GUILTY"... Well that's probably your wish. There's nothing to be guilty about, just you guys hating the club and it's success.
@@Darius_Juve exactly right ..... and the fact he says "disgraceful people" simply testify to the fact that he is one of the many brainless Italian anti-juve tifosi manipulated by the Italian media and questionable 'judiciary' crusade against the club...
@@hjalmarconte4926 Gazzetta dello Sport creating content for that sort of people, earning money through their hate...
@@Darius_Juve shut up calciopoli supporter
@@Darius_Juve ((((((((( IF PROVEN GUILTY ))))))))))
It's not a coincidence that the only 3 clubs holding out for the super league are the massively in debt Barca and Juve as well as Real Madrid.
Also Spurs is sus too.
barca and juve are
Only one of them is among the biggest. Barsa and Juve pale in comparison to the likes of Milan, Liverpool, Bayern...
@@Damian_1989 Juventus are a bigger club than Ac Milan in Italy with the most fans, ask any Italian. Juventus have 32 Serie A, Milan 19. That's double. Milan are second, then Inter close behind.
Real Madrid isn't that massive in debt as I've and barca, their biggest debt is the building of new stadium and have no impact on their spending
It's not 100% accurate about Transfermarkt. The conslusion was, there is no way to establish a 'real' player value. The only real value is the one two clubs managed to agree on, so even Pjanić's transfer is 100% legal.
Also, it's a Joke that Juventus is being investigated while Barcelona, PSG and City aren't. But I guess that's capitalism for you, some clubs have so much money, they can sue UEFA in court.
@@adamu8 the biggest joke is when the investigators decide to drop the transfer of Osimhen to Napoli from the investigation because "it didn't involve Juventus". Even though they sent 2 youth players to Marseille in exchange, and valued them both at around 10m each...they were both released from their contacts within a year, and play 3rd tier football now...but Juve must be investigated!!
@Aldo Bonaso two wrongs don't make a right. The prisma trial is still ongoing, inter, sassuolo, atalanta nd other teams could be involved. Yet nuventus is once again the main actor, so comparing with others doesn't really make it less of a dodgy criminal way of conducting a sports company. Doping in the 90s, moggi in the early 00's and this for the late 2010's and early 2020, so basically since gianni agnelli every now and then juventus is found leading in a criminal way it's activities. Of also others participate they also should be investigated, this does in no way make less of a bad situation for juventus.
@@tritetto-nostop8770 my comment was never intended to defend Juve's actions (though as of yet they have not been found guilty, so don't assume they are, that would be bias), I was pointing out that whatever this investigation is, it should never be the case that only one club is under the spotlight. If you want to investigate and prosecute clubs for these kinds of transfers, then you do it for all the clubs fairly, not seek to vilify one club alone. The way they dropped the Osimhen transfer from the investigation because "Juventus are not involved" really is a massive red flag that this could just be a witch hunt going after Juve. And that is disgusting and not right.
No, things don't work this way
A very shallow crisis then, compared to 2006. It's extremely unlikely there will be any sporting sanctions, people need to make a distinction between their fantasies and the legal reality... Anyway, Agnelli leaving is a good thing given how rotten his leadership had become. He managed to destroy his legacy in just 4-5 years.
In a sporting sense, probably. In a financial sense, the involvement of EXOR makes it much bigger.
If the allegations are proven true, people will go to jail. If you don’t think there will be sporting ramifications from proven criminal fraud that occurred, I can’t help you. Also not talked about in this video is a parallel investigation by UEFA for breaches of their regulations. While this would be a worst case scenario, UEFA could absolutely ban Juventus from UEFA competitions (eg Champions League) for a period of several years if they determine that Juventus knowingly submitted misleading financial statements just to pass the Financial Fair Play regulations.
Agree, they should just be banned from transfers for several years. I mean, after all, it’s only systematic fraud involving hundreds of millions.
They are not even found proven guilty so mabye nothing at all will happen but this could lead to a 18-24 month transfer ban. That would hurt the club massivly. Obviously not as bad as forcing demotion to the second tier but still.
He created his legacy
it is incredible how every day the Italians anti-Juve, invent an excuse to harm and stain the name of Juventus without realizing that they are also damaging their own league that is already in decline.
Cases like this which are miraculously always caused by Juventus harm the national football in Italy and get the bad name. Hence the hate for Juventus.
‘Juventus suffered their biggest crisis since………. ‘ how often do we hear that?
Penaldo effect
Since 2006
@@buckethead133 Time for you to find your father
"This week Club X suffered their biggest crisis since last week." - works every week for every club
@@eljanrimsa5843 with Juventus it’s always a financial scandal though
I love how the punishment for most financial issues is for the guilty party to pay fines.
like income tax departments, its okay if you are making money illegally but its not ok if you dont give them their share of the illegal money
15 points taken away actually.
They had to wet their beaks.
Bad Godfather puns aside though, when you're about to heist 400M knowing that if you're ever caught, you'll only be liable to pay back a fraction, then how is it punitive....
15 point deduction,no CL football next season as well
Annoying how such serious investigations only happen in Italy.
I swear it always happens every 20 years as well haha, a relatively scary frequency
"Serious"?!
Whose here after juve got a 15 pt deduction in the serie a
what i understood is juventus will be penalised for delaying the payment of their players during covid.
But because they're the only team on stock excange they did something wrong comared to other teams who did the same thing. this is a huge blunder from the people who run the finances at juve and it's them who should pay for it.
another thing i got from the comments is that successful clubs get more hate like juve real, madrid, bayern, psg etc...
what you got from this is 100% correct.
Absolutely, this would not even be a "story" if the club wasn't publicly listed (another awful decision by Juve's owners many years ago).
None of what you wrote is wrong, yet it's incomplete. Since 2014 there was a team manager who has used practices which even in the intercepted phones conversations they all knew was out of order, basically they kept on their budget and finances as a huge club paying for at least 2 player a year over 40m, with 3 over 90millions in 4 years. So big spending as not a single club in serie A managed similar purchases without first having to sell some of their best olayers. This allowed the team to win for 9 years in a row, still failing to achiedv3 any trophies in Europe which was an obsession for team management and fans, yet many of the players they had jn the squad should have not been there as the ffpp would have not allowed that without selling players for double of their market value to fix their books. This would have not been discovered if they weren't also on the stock market, from which juventus managed to stop the loss of money thanks to lies and faked papers, we now know the papers were fake and the lies were declared publicly as there have been whistle-blowers(De ligt and De sciglio in case you want to check) they explained how they were forced to lie and their actions are already a way to fix the market which is illegal. This just to add to what you wrote.
@@tritetto-nostop8770 I accept that a lot of what you wrote is factually true, but many, many of the intercepted phone taps are short clips and not giving the full context of the conversations. You can take short clips of conversations out of context that seem very bad, until you hear the rest of the conversation and you realise it was not what they were talking about. I will not trust those phone interceptions until the full audio's are released so we can know the full context. Because I do not trust the Italian media one bit.
Then your point about FFP is very valid, but it is a complaint that should be brought to UEFA, because unfortunately if you want to compete with the biggest teams in Europe, who are operating in the same way, you have to do the same. I don't like it either, but UEFA does nothing to actually stop overspending.
And inflating prices for players is a massive grey area, because by the very nature of a transfer fee, a player's value is exactly how much another club is willing to pay for him. How do you put a price on a football player? And many clubs pay too much for a player, but you only know that in hindsight. Look at Coutinho's transfer to Barca, absolutely overpaid for him. Are they guilty of anything other than overestimating his potential for their team? Or Inter when they bought Gabigol?? I don't think so.
@@tritetto-nostop8770 they only bought ronaldo after selling pogba to man united for 110mil i guess.
and they have been performing very well in the champions league compared to other italian clubs so that explains the money they get from the UEFA.
To be fair , I dont think they are corrupt but i think they hired incompetent people. and I guess because of their success they are hated wich is normal. you dont want to see the same guy winning all the time.
one more thing ; in my opinion if you can sell a player for double the price just do it, look at monaco and benfica for example, i actually think it's brilliant.
I am surprised how good the pronounciation of the Italian names are in this video. Clearly anglican versions, but at least tried to be correct and quite good at that!
He's saying calciopoli incorrectly though isn't he? I'm pretty sure it isn't "calcio-polly", it's supposed to pronounced quickly like monopoly "calsee-opper-lee"
such a good, clear presentation ... much appreciated
Favorite team still getting into bullcrap, and still not doing all that well. Italy hasnt even made it to the world cup almost a decade.
I don't blame the prosecutor for using trasnfermarkt
Why? It's all an opinion
They went from take bargain deal (Morata, Pogba, Pirlo, Tevez, Llorente) to bad and costly deal (CR7, Higuain, De Ligt, Arthur-Pjanic trade)
Because they desperated to win UCL
Almost all correct, but Vlahovic was bought in thanks to the departures of Kulusevski and i love the fact, that contrary to the italian media you guys don't expect to see people condemned
-15 points.
Aged well man
What's Alex Stewart doing in the thumbnail
here after they were docked 15 points…
So basically they've done nothing illegal.
It’s not a JUVENTUS scandal, it’s more about Agnelli and his team…
This thumbnail with super league will give me nightmares 😂😂.
The only reason this is an issue is because they're a public company, had they been private no issues would even been looked at.
Yes, but as a public company they should feel responsible to the public who buy their shares and owns them, not to the Agnelli family and their in-laws
I love how the early suggestions of the financial fraud is based on Transfermarket's valuation.
- there is no rule for “ prices on players” (Capital gain BS)
-Everyone makes capital gains
- Turin prosecutor who investigated PRISMA was found incompetent to investigate and the ordinary justice case was to move to Rome.
- salary maneuvers were made during COVID in good faith. ( situation never experienced before/pandemic)
The fuss behind all of this was the Super League
Oh P.S
A leaked video of the turin prosecutor clown who started this investigation was saying “ As a prosecutor i hate Juventus” (you can find it on YT .. his name is Santoriello.
-Consob never reported false accounting unlike The prosecutors.
Easy to build attacks when you only read 1 side of the story.
I swear this type of video is perfect when eating... Joe Devine's voice is magnificent 😂😂
After 15 points reduce
This video got me thinking, with the young player transfers could you not make a cheap 'moneyball' academy by forgoing a costly main team and reserves etc and instead focusing most of the money on youth development? For example in the MLS this could work due to it becoming a higher level league, and no relegation meaning no loss of revenue and continual 'training' opportunities against top tier squads. The demand may be there within America in the next decade or so, in fact this concept could also work in South America too, lots of Brazilian players are already exported.
I get your point; however, this approach is applicable for lower or mid-table clubs because they can't compete financially with bigger clubs.
Juventus is one of those big clubs. They are built to win trophies both domestically and continentally. If Juventus use the "moneyball academy" approach, then it will be almost impossible for them to compete at a high level.
And that's why they shouldn't have changed such a beautiful logo to a stupid 'J' sign
Juve got away because the prosecutors decided to cite TRANSFERMARKT? unbelievable...
What other source can they cite
@@Ibz2k none that's publicly available. but they could have gotten football finance experts or consultants instead of this speculative website. transfer market is not the NASDAQ.
your use of 'Juve got away' implies that you already think they are guilty. You miss a whole other side of possibilities here, where Juve may very well have had allegations brought against them because some fools thought it wise to compare real life transfers with the valuations on what is essentially a fan-made website. And yet the allegations have had their desired effect, to further dirty the Juve brand in the eyes of those who will always expect them to be guilty regardless of the evidence, or the flimsy allegations brought against them. People who want Juve to be evil will always convince themselves that it is so.
@Aldo Bonaso which is also true in the other way round, those who don't read throughout the polarized informations end up believing juventus is a victim of media. Which is curious considering the amount of media owned by the exor group, the involvement of journalists in precious trials and the low levels of freedom of speech for the media in the country. Juventus is incredibly always able to access the lowest punishment available and it will happen again and fans will always point fingers at others never actually accepting their faults. It has happened with Agricola, calciopoli and probably it will happen again with this trial, at the end of it there is not enough clarity with the explanations so there is an alternative truth being pushed form one side for the media and the fans. Negationists of trials which lead to over 34 appeals reffering to the calciopoli scandal, resulting in a waste of time of the whole judiciary system and none (literally not even one no matter how they were presented ) of the appeals to be accepted to reverse the calciopoli decisions.
It's literally explained that they got away exactly because it's not using transfermarkt; the conclusion is that players values are so fluctuating based on external arbitrary always changing variables, that player value is impossible to determine. It's not like the value of an industrial manufacturing machine that's sold by the thousands similar models by different companies, where value is usually dependent on material cost small parts precision etc. and there's an honest guesstimate, and an honest estimated expiration date; or estimated like land value or jewelry
How clean are the "authorities" doing the investigations though
The "authorities" are not doing the investigations, they merely order them done. Investigators do the investigations.
That's not relevant unless you have evidence that they're corrupt in this specific case. If we're both idiots and I call you an idiot, I'm a hypocrite. But you're still an idiot.
U think they’re actually gonna gonna go after the most powerful family in Italy?
Every decade of "success" ends in a trial of some sort.
90's doping, 00's referees corruption, 10's 'ndrangheta infiltration, 20's university corruption for Suarez case and accounting fraud.
Always, consistently the same team.
More specifically in recent years the biased the fair competition in Serie A by artificially inflating their founds while the other teams had to sell their best players. Paratici moreover confessed in the interceptions to do the transfers market for several teams including Sassuolo, Genoa, Atalanta etc. We all had the impression during these years that those trams didn't give all against Juventus. Sassuolo has been currently called "Scansuolo" (play on words Sassuolo and dodging).
For instance: from january 2012 to december 2016, Atalanta loses 11 times against Juventus. Then in the following 7 games, 2 defeats and 5 draws until july 2020 for a total of 44 points for Juventus and 5 Atalanta.
In the same time against Napoli, 7 wins, 5 draws, 7 defeats: 25 points each. This was comparable with all the other Juventus opponents to the title.
Sassuolo, in14 games against Juventus: 10 losses, 3 draws, 1 win, 6 points vs 33 for Juventus, while agains Inter 7 wins, 2 draws, 5 losses, 23 points vs only 17 left to Inter.
Fair competition against Juventus is impossible and only courts can defeat them.
I been waiting on this video
If I had a dollar everytime Juventus were involved in some fraudulent business.
It's an Agnelli thing
Nothing like calciopoli. Shifting numbers around is a trick that evey club do, Juventus just did it enough more to become noticeable
It’s not a JUVENTUS scandal, it’s more about Agnelli and his team
Tifo could you do next why Inter Milan are in crisis
For real though. Their condition is worst, but no one talks about it.
Inter Milan are not in crisis, having dept and poor planning is more related to the management rather than the squad. Juvents has still in the team built with over 750millions, now we know since 2015 many of the operations were illegal or at least dodgy, so the actual crisis is a combination of on field and management. Considering the latest investments you'd expect juve to aim for the serie A, they bought the best striker of last season, the best defender and adding players such as di maria Paredes pogba and kostic to the already valuable squad, how is the fact that they are out of the champions league (allowing maccabi Haifa their first 3 points since 2002) or managing to help monza to reach their first points ever in serie A, I mean the level of serie A is currently so low that despite all of this they are still well on track to win, however they've spent a lot and still they're playing very poorly.
Top video
This has so much relevance now loool
Even bigger crisis after the 5-1
So Yes, but actually No.
Idk if there was a behind the scenes agreement but… thogden used a clip from a Tifo Football video without crediting them
Tifo is the goat
Tifo please could you do an insight of buying a club, for example potential buyers registering interest, thanks Jamie
i wonder if the transfermarkt creator realises how seriously his or hers website is taken lol
What Premier League clubs do in a Sunday afternoon, then
Are there any potential punishments for the club as a result? This isn't covered by the video
'don't do that again or we'll be forced to write you a sternly worded letter!'
Fine or points penalty mentioned in video.
15 points deducted by now
@@dinoseus2734 20+ player would be suspended from football for 30 day if wage report frauds were proved
@@MasonGreenWeedyeahh yeah suree sure what also?😂
Juve in crisis? No! Surely not! How can this be?
This is only about 1.5 months late…
Well they are 3rd in Serie A atm. As a Chelsea fan that deffinitely doesn't qualify as "being in a crisis" lol
True but they've been "punching above" for a while for verious reasons. Expect a drop in results and performance very soon. It already begun in fact, they lost and got humiliated 5-1 by Napoli
Now they do
It became obvious to me that Juventus were on the decline as they finally gave up their trade mark rights to the football manager series! No longer simply known as “Zebra” in the game..they are now a fully licensed side like many others! What a fall from Grace for their over inflated egos!
Pogba jinxing them
paul pogba is one of the most talented players to ever play for them and of this generation
Italian football does so much damage to itself, I remember early 2000s when we all looked to the Italians as the greatest teams in the world. Now you'd have to put them behind the Spanish...
I’de argue that a 15 points penalty is worth saving on huge financials
Crises ? How dramatic
Can we have Sensible transfers please?
I ask for more Juventus videos, shame they don't give you guys a chance to focus on their football 🙄
While a team on the verge of bankruptcy along the Mediterranean coast could afford to sign a superstar from the Bundesliga and an overrated player from the Premier League, at least Italian clubs get examined
Agnelli the Wolf of Turin
Are we sure Ferrari is still under them ? I believe it used to be under Fiat before and is now not part of stellantis (the merger of fiat and psa), or is it separately owned by exor hence not under stellantis ?? would love to find out if anybody knows.
55% of Ferrari's shares are owned by public. Exor Group still owns it, but not as the majority with 24% shares.
So where is the crisis?
This seems like a nothing burger.
It got worse
How do you guys search for all these news🍷🏃♂️?
fwiw, the stretching of text is horrible
About Calciopoli we knew at least 20 years before came out the sanction.
About this last 15 point sanction and the ones that will come, it's know from at last 20 years.
That's classic Italian Justice.
Agnelli style of breaking the laws is a classic, but it's been sanctioned after the going against Fifa, Infanino and Ceferin, he lose his power and the sanction comes out.
If you lose connections and power you pay for, shouldn't be like that. Justice have the resource and technology to sanction them right away. Juventus built a full team over breaking the rules, who every player been taken from the Juventus by the Justice? No, obviously. That's why something has to change.
Tifo please do a video about Inter Milan
After the publication of this video, I'm even more certain that they'll beat us (Napoli) this Friday.
If referee doesn't play for you in 2023 like they did for us in early 2000s
@@KaushikAdhikari tell me you dont anything about italian footbal without telling me
@rafael cr80 1.scandals 2. ultra defensive style. I'm a Juventus fan for a few years (4-5).
I just happened to come across this video and comment and thought I had to reply 😅 what a performance from Napoli
I've never been so happy to be proven wrong!
Dont care, Double it and give it to the next person
I'm praying for the day you say the decline of the English premier league. I'm fed up with their hegemony
The premier League hegemony is just starting,it hasn't reached its Peak..it was organic fuelled and made possible by revenue distribution among the top flight English teams,while your favourite teams in the farmers leagues.made all the money and left nothing for the rest,made it easy for one or two teams to beat the others..the premier League competition kept bringing in viewers wanting to see a midtable team beating the top 6..along with that..came Money and they now eating your lunch and you can't stand it
Football usin transfermrkt for player evaluation took me out 😭😭
This age well
How is Barcelona surviving?
Independent regulators and watchdog should be brought in England too.
Calciòpoli, not Calciopòli. It’s the same accent you use in “metropolis” or “metropolitan” in English, literally
🅱️inotto next in line for Juve board then
Fail-hovic.
Could've been at the top of the EPL.
Italy always targeting Juventus. Just stop playing and stop spending money to improve Italian football.
Top 4?
Hold on there, playa.
Do I feel sorry for Pogba? Let me think about it.😂🤣
Why is it "are" instead of "is" ?
British English usually treats mass nouns, like team names, as plural. In North America, it's typically singular
Ferrari F1 fans, should be worried
smallest thing they gotta worry about 💀
Ah juventus.... it doesnt suprise me at this point. They have always been dirty
wara champions league next season for Juventus
Did the Goblin King approve of this?
Ban the team for life. Give a smaller team the chance to shine instead.
CR7 was not worth it
Resign or go to jail.
Corrupt clubs will always be corrupt, no matter how many Trophies they try to buy.
man $hitty in a nutshell
Is this Chatgpt doing all the work?!
MOST TRAUMATIC day in their HISTORY
Quiet voice, since less than 20 years ago. So not even this century so far.
Great
Chelsea in future