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Commisso: ‘Juve have lost over €1bn in value’

Fiorentina President Rocco Commisso has hit out at Juventus, Inter and Milan for their financial losses while La Viola have made profit. Commisso spoke with SportItalia and offered his financial assessment of the top Serie A sides and explained why the departure of Dusan Vlahovic hasn’t hurt the club.

In recent years, Juventus have lost €550m, Milan €500m and Inter €445m. Over the last three years, Fiorentina have made a profit of €16m.

After purchasing Cristiano Ronaldo, the value of Juventus was €2bn, then they had two increases in capital and today it’s worth €800m. They lost over €1bn in value.

I already reinvested all the money that we got from the sales, though we’re still owed money for Chiesa and Vlahovic.

I was negotiating with Vlahovic and his agent, I came to Florence even when I was ill, but they wanted €5-8m net, so that’s €16m gross per season.

We didn’t get the same number of goals as with him on the pitch, but the results were still more or less the same. We certainly weren’t ruined by that sale.

Both I and Joe Barone believed he was honest and that he would renew his contract. Once the summer session closed, he became the King. Negotiations for a renewal had been going for eight months and his agents told us he would’ve signed a new deal for €4m.”

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