MILANO – The hypothesis of creating a Super League triggers Juventus on the Stock Exchange (follow the title live), despite the championship having bequeathed a more complicated classification to the Juventus club: the defeat at Atalanta now sees the multiple champions of Italy in fourth place, the last place useful to hook the Champions League next year and the rich loot of economic contributions that it brings as a dowry.
The title of the Turin club jumped by 8 percent to the reopening of exchanges, benefiting from the hypothesis that a competition would be created following the agreement between the major clubs of Spain, England and Italy, which would also include Milan and Inter.
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by our correspondent Antonello Guerrera
The club’s capitalization thus rose to 1.09 billion from 1.028 billion on Friday.
In a note, the company explained the start of the project with 11 other clubs, with the expectation that others will join so as to constitute a core of top clubs composed of at most 15 permanent founding members, to whom, in each sporting season, they will add more clubs according to an admissions process, for a total of 20 clubs. The declared objective is to continue to participate in their respective national competitions and, until the Superleague is actually launched, Juve believes that it will also participate in the European competitions to which it has the right to enter.
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On the part of the clubs, it is envisaged the creation of a special company in which each club shares in equal measure. Each one undertakes to subscribe a portion of the company’s share capital, with an initial investment of 2 million, which can be increased, if necessary, up to a further 8 million euros. Upon the actual launch of the super league and following the marketing of the audiovisual rights relating to the competition, based on the agreement, the founding clubs are expected to receive a total net contribution of approximately 3.5 billion, which will be disbursed in a single solution; this sum, which will be divided among the founding clubs according to percentages to be defined on the basis of the definitive number of founding clubs, will be made available through suitable funding instruments subscribed by leading international financial institutions.
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Juventus, the note reported, “is confident that the super league will create long-term value for the club and for the entire football movement. The founding clubs will do everything possible to carry out the project as soon as possible. However, the club will not can at the moment ensure that the project will actually be implemented or accurately predict its timing. The company therefore does not currently have all the necessary elements in order to carry out detailed assessments on the impact that the super league may have on its conditions and financial and economic performance “.
Meanwhile, Andrea Agnelli, according to what we learn, has resigned from Eca, the European Clu, the association that represents football teams in Europe, and Juventus has also left it as a club. Agnelli has also resigned from the Uefa executive.
Staying with the Superlega effect on the Stock Exchange, for now there is no domination over the other listed securities and the Roma contains the rise of 0.52%, while the Lazio does not trade. Instead, the title of the Manchester United, which would be the match between top clubs: on Wall Street, where the Red Devils are listed, shares jump 5% in the pre-market.
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