We always brag about how well we are doing financially, but one year without Europe already puts us in the red. Great, well done lads.
Even though they don't spend much, and we've been getting money from CL for years.
I think Juve will trigger Kalulu’s release clause, and since the special early transfer window in June is designed to help clubs prepare for the Club World Cup, that deal could still be registered in this season’s books.
That would reduce the deficit to around 5M – basically a rounding error. Whether it’s 5M in the red or black makes no real difference. It’s essentially breaking even. And who knows – we might manage to offset it with other outgoing players too, or instead.
So yeah, I’m fairly confident we’ll end this season close to balance.
The real problem is next season. With no European competitions, we’re staring at a ~80M shortfall – from participation fees, prize money, ticket sales, and sponsorship bonuses. That’s where the financial hit will really bite.
This is shaping up to be one of the most important – and transformative – summers in years. Gerry simply can’t afford to let his asset miss out on the Champions League two years in a row. That would blow up his exit strategy.
That’s probably why he pushed Furlani to bring in Tare and finally hand over the sporting keys. At least that’s what the reports are saying – and frankly, it’s the only thing that adds up. Something I’ve been hammering home for weeks now.
I may be wrong or overly enthusiastic and optimistic sometimes. But on this one I feel I'm bang on.