How Genoa have made $234 M off Bilan and Inter

[satubito]

Talk about the shrewd running of a football club!

The always excellent Calcio e Finanza took a dip into Genoa's accounts today, and out of the many interesting revelations that are made, one in particular stands out: the Grifone has sold players to both Milanese sides for a total value of 234 million, and profits of 158m.

From the sales of Diego Milito (profits of €18.5m) and Thiago Motta (€10m) to Marco Borriello (€9.1m)and Stefano El Shaarawy (€20m), the Genoese side have made a habit out of keeping themselves afloat (and so much more) by discovering talent and selling it on to their Lombard neighbours.

 

[.h.]

those valuations arent fair.

Longo and Kucka and Viviano were at half the book price, they've calculated the whole value of the player. So we only paid 8 mil for half of Kucka, 7m for half of Longo, and 5m for half of Viviano.

 

[kameru]

We bought Kucka for 16 M?? :serious:

 

[ScottishInterista]

Literally the post above you

 

[Provenzano]

Wow... they are the Italian version of Porto

 

[Kazaan]

2mil was too much for Longo, let alone 7 :serious: #hindsight

 

[.h.]

the logno valuation was never cash. We actually swapped half of Longo for half of Kucka + 500k. There's a fair question on why Kucka devalued so quickly, in effect, and the inflated value of longo reflects our desire not to take a bigger book loss on Kucka.

 

[kameru]

Literally the post above you

I mean, I don't even remember we ever sign this player blivious: Let alone pay for 8 M.

Ah Browha make it clear, no wonder I never notice him

 

[.h.]

we signed him on co-ownership and he was meant to come to Inter to play that season, but he wrecked his knee if I remember correctly so it was decided to leave him at Genoa to recuperate. IIRC we actually swapped something like Viviano+3m for Kucka so even those values are probably a little bit inflated anyway.

 

[vitomins]

we signed him on co-ownership and he was meant to come to Inter to play that season, but he wrecked his knee if I remember correctly so it was decided to leave him at Genoa to recuperate. IIRC we actually swapped something like Viviano+3m for Kucka so even those values are probably a little bit inflated anyway.

It was something like 3.5m + 50% of Viviano for 50% of Kucka. Then we did 2m + 50% of Kucka for 50% of Longo.

We purchased 50% of Viviano for like 4.5m, so Kucka was rated around 16m for 100% since we paid 3.5m + 50% of Viviano (4.5m) for 50% of him. 50% of Kucka must have devalued (injury) and was no longer worth 8m at the time of the Longo deal. It was worth closer to 5m. So 2m + 50% of Kucka (5m) for 50% of Longo gives Longo the full valuation of 14m.

 

[firmino]

And yet they are always on the brink of bankruptcy

 

[Caecuban]

It is much easier for mid table teams to give playing time to younger players as:
a. they really don't have that many options;
b. they will not be most of the times battling for CL/EL places or against relegation.

 

[Pharaoh]

This thread is deja vu

 

[nelsonrivas2011]

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