Juve Let Go of Thiago Motta: A Costly Decision
TORINO - From June 12 to March 23: it’s been a nine-month saga akin to childbirth for Thiago Motta during his tenure with Juventus. The official announcement from the Bianconeri has signalled an early exit for the Italobrazilian at the helm. While the position might have been dictated by technicalities evident in the league standings, it’s the financial ramifications that require us to look back to the moment he inked his contract.
Motta was on a three-year deal worth €5 million net per season, which cleverly included a parachute clause—what is known as a “break payment close”—if he were to be shown the door within the contract’s second year. This translates to the club potentially forking out around €15 million just to part ways with their recently appointed manager, considering that a manager seldom travels alone and is always accompanied by their staff. On top of this, one must also factor in the costs associated with Igor Tudor and his entourage.
Turning our gaze to the club’s finances, the semi-annual report at the end of December 2024 revealed some encouraging signs. Juventus’ financial healing is well underway, showcasing a net positive result of €16.9 million after years of red ink. The mid-season managerial switch hopefully won’t derail these financial strides; however, it could stymie prospects for market maneuvers, especially as contract renewals for players like Gatti and McKennie are facing delays, likely due to uncertainties surrounding forthcoming Champions League qualification.
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