RSS
ATOM
advertisement
Juventus Back Michel Platini's Spending Policies - John Elkann
The president of Exxor, the Juventus holding company, has given his views on major scale spending...
| Bet: | Returns: | Parma £48.00 | Draw £34.00 | Juventus £17.50 |
|
| Bet: | Returns: | Parma £50.00 | Draw £33.00 | Juventus £18.00 |
|
| Bet: | Returns: | Parma £50.00 | Draw £35.00 | Juventus £17.30 |
|
| Bet: | Returns: | Parma £53.50 | Draw £34.50 | Juventus £18.00 |
|
Jul 17, 2009 3:05:57 PM
Juventus heir John Elkann has quietly taken a swipe at Real Madrid's grandiose summer spending spree by claiming that throwing money around is not sustainable in football as he backs Michel Platini's plans to curb spendthrift attitudes.
Elkann feels multi-million deals are having an antithetic impact on clubs around the world and he feels wise spending is the only way forward. Real Madrid have spent record amounts of cash this summer after loaning money from Spanish banks to fund their signings. The Juve chief feels encouraging debt can only hit clubs where it hurts the most.
"We have always wanted to be in line with Michel Platini. Football needs to be sustainable from an economic point of view," Elkann told Il Corriere Dello Sport.
"We were able to afford our own investments and this guarantees our sustainability in terms of continuity and stability for the club and fans over time."
Juventus have reportedly spent around €50 million on transfers following the signings of Diego and Felipe Melo. Fabio Cannavaro joined on a free deal while Madrid have spent a reported €180m on new faces this summer.
Salvatore Landolina, Goal.com
Elkann feels multi-million deals are having an antithetic impact on clubs around the world and he feels wise spending is the only way forward. Real Madrid have spent record amounts of cash this summer after loaning money from Spanish banks to fund their signings. The Juve chief feels encouraging debt can only hit clubs where it hurts the most.
"We have always wanted to be in line with Michel Platini. Football needs to be sustainable from an economic point of view," Elkann told Il Corriere Dello Sport.
"We were able to afford our own investments and this guarantees our sustainability in terms of continuity and stability for the club and fans over time."
Juventus have reportedly spent around €50 million on transfers following the signings of Diego and Felipe Melo. Fabio Cannavaro joined on a free deal while Madrid have spent a reported €180m on new faces this summer.
Salvatore Landolina, Goal.com
| Sign up with 188BET for a FREE bet up to £25 – Great Prices, Every Game |
|
| Open an account with Sportingbet today and get up to £100 in free bets! |
|
| Sign up with William Hill for a free bet up to £25 |
|
| Sign up with bet365 for a free bet up to £200 |
|
| Sign up with Paddy Power for a free bet up to £50 |
|
Thank you for your comment!
Please enter your name
Please enter your location
Please share your comment!
42 Comments
Advertisement
Inside Goal.Com
-
Capello remains one of the greats of the game
After tasting success wherever he had gone previously, the coach will look upon his time at Wembley as an incomplete job rather than a complete failure
-
Can Suarez repeat Cantona's grand comeback?
The divisive Uruguayan can look to history when he starts against United on Saturday for the first time since receiving an eight-match ban for racially abusing Patrice Evra
-
Key battles: Manchester United v Liverpool
The former Reds defender believes that the Uruguayan must put controversy to the back of his mind when his team face the champions
-
The importance of Champions League qualification
The Ruhr side's remarkable run in Europe's elite tournament saw their revenue unexpectedly soar last season, but some teams are structured to depend on such results to survive
-
Cartoon: Capello's managerial merry-go-round
Goal.com cartoonist Omar Momani gives us his unique take on the football news of the day ...
Advertisement
Advertisement
