Teun Koopmeiners arrives at JMedical ahead of permanent transfer to Juventus from Serie A side Atalanta.
Juventus’ CEO Maurizio Scanavino made clear that last summer’s cost cuts laid the ‘foundations’ which will allow the club to spend big again in the future, as he’s confident they will remain the Serie A club with the ‘highest budget’ to invest in new players.
While the Bianconeri carried out an extremely expensive transfer market window last summer, they financed their new deals by either selling players or not renewing lucrative contracts, as was the case for Alex Sandro, Adrien Rabiot and Wojciech Szczęsny, with whom the club decided to part ways.
According to the Old Lady’s executive, such a plan was aimed at reducing the club’s heavy loss from their last balance sheet, as cutting their wage bill was just the first step to keep them financially competitive in the long-term and bridge the gap with top European teams that can currently afford ‘a collection of stars’.
“We were coming from a particular situation, with salaries and amortizations particularly high,” Scanavino told Radio TV Serie A, as quoted by La Gazzetta dello Sport.
However, the actual loss this year is around 70 million, a recovery of more than 50% compared to the previous year. The trajectory is very good for the future as well.
“Juventus should remain the team that, in the long term, will have the highest budget to invest in the sporting side.
“This guarantees great competitiveness, but of course, we need to make the right choices, the right market moves, and also have a bit of luck.
“But these are the foundations, because it wouldn’t be right to imagine a strategy solely focused on cost-cutting, which would reduce competitiveness for top-level goals.
“Giuntoli and Motta are working hard to bring in strong players who can be part of a team and make a difference, bridging the gap with certain clubs that may have a collection of stars but are often difficult to keep together.”
Juventus’ most expensive summer signings, Douglas Luiz and Teun Koopmeiners, have both struggled to make an impact at the Allianz Stadium so far, as they still have to score a goal despite racking up 23 appearances across all competitions combined.
