Juventus to borrow 150 million euros

[scousemanc]

Not a problem loading your club with debt under FFP. No agenda though, obviously.

https://www.bloomberg.com/news/arti...-juventus-is-said-to-plan-debut-bond-offering

 

[SWP's back]

Don’t think it has anything to do with FFP as they can’t use it as income in the turnover figure.

 

[Thaksinssoldier]

Only an idiot would buy that bond.

 

[happyman]

Ramsey must be laughing all the way to the bank :)

 

[Gareth Barry Conlon]

Only an idiot would buy that bond.

It wouldn't surprise me if its yield was sharper than Italian Govt debt. The only risk to Juve is they get caught cheating again!!!

 

[scousemanc]

Don’t think it has anything to do with FFP as they can’t use it as income in the turnover figure.

Precisely. They can spend it without it being an FFP issue.

 

[aguero93:20]

Precisely. They can spend it without it being an FFP issue.

No, they can't. It's not income, but it would be expenditure.

 

[quiet_riot]

Is this just to pay Ramsey with?

 

[bluethrunthru]

This is the same Juventus reported to be readying a £175m bid for Salah?

 

[scousemanc]

No, they can't. It's not income, but it would be expenditure.

You're right. They can't spend it if it takes them over the break even rule. My point really is that FFP allows a club to load up with unlimited debt, the exact thing that it was originally designed to guard against, until it was changed into a profitability rule.