The financial debt of the Giallorossi club is still growing. As at 30 September 2021, the total of onerous financial payables, to banks and other lenders, net of the liquidity immediately available by the Company (cash and banks), shows an inet debt of 404,7 million euros, an increase compared to the 302 million euros at 30 June 2021. The draft financial statements and the consolidated financial statements at 30 June 2021 of the Capitoline team show losses of 185,3 million, while revenues only reach 190,4 million.
In detail, the increase, equal to 102,7 million euros, is "substantially determined by the shareholder loans disbursed in July, August and September by Romulus and Remus Investments LLC through the parent company Neep Roma Holding, for 110,9, 33,5 million euros partially offset by higher cash and cash equivalents”. Specifically, it consists of: €22,8 million (€30 million at 2021 June 10), non-current financial assets of €10 million (€30 million at 2021 June 448,2) and debt for a total of €334,9 million euro (30 million as at 2021 June XNUMX).
Bad for the Juventus club too. There Juventus finished the fiscal year for the 2020-21 season, with a consolidated loss of 209,9 million euros, compared to €89,7 million in the previous year, due to lower revenues of €92,7 million – related both to the effects directly attributable to the pandemic crisis and to lower income from the management of players' rights. Operating costs increased by 35,2 million, the Group's shareholders' equity was 28,4 million, while the net financial debt amounted to 389,2 million euro.
According to what was declared by the Company, the deterioration of 4 million "discounts the negative effect of the consolidation of B&W Nest Srl and the related financial payables pursuant to IFRS 16 for 14,7 million". Despite this, "it benefits from the positive cash flows from operations (+42,0 million, also originating from a particularly favorable timing of receipts and disbursements), absorbed by disbursements linked to the Transfer Campaigns (-6,5 million net, a figure which includes the positive effect of 55,2 million from the sale without recourse of some receivables due from foreign football clubs), from investments in other fixed assets and equity investments (-6,1 million net) and in financial assets (-10,7 million)" .
