It's that time again; the time to look at Juve's finances, especially as the club announced a 6.5 million euro dip in profits for the first half of the 2013-14 financial year. On the face of it, it is worrying that the club's debt has increased to 188 million euros from 160 million euros, while profits are falling compared last year. However, as with any club targeting European as well as domestic glory, one has to spend money to make money and Juve are building to ensure a secure financial future.
Should we be worried? No, even if there may be some suffering to be had in the near future. The Old Lady has attributed the drop in profit to the increase in player wages and the overall rise in operating costs and taxes paid. The increase in debt is attributed to transfer campaign net payments among other things, including the 4.6 million euros paid towards the Continassa Project -- a project that will ensure future profits even if they currently represent short term losses.
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