Constantin explains controversial deal
Is Sion now moving to the Juve swamp?
Juventus are in the quagmire over possible transfer fraud. A deal with Sion has now also been investigated, as confirmed by Christian Constantin. What’s behind it?
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Christian Constantin comments on a deal between Sion and Juventus.
Carlo Emanuele FrezzaReporter football
Investigations against Juventus have been in full swing for weeks. The Italian record champions are said to have systematically inflated player ratings during transfers in order to improve their balance sheet.
Investigators are currently examining transfer after transfer. The “Gazzetta dello Sport” speaks of a total of 22 deals. It’s primarily about suspiciously high ratings of individual players who, in the worst case, nobody really knows and whose transfers actually don’t result in any money. FC Sion is said to have been involved in such a deal.
In July 2019, Sion signed Swedish defender Mattias Andersson for a sum of 4 million euros. In Juve’s balance sheet he was booked with 0.23 million. Therefore, the Italians realized a capital gain of 3.77 million euros. Six months later, Yannick Cotter moved from Sitten to Turin for around 4.9 million.
Sion was even able to book the whole amount as a profit because the then 18-year-old from Valais came from his own offspring with two partial appearances in the Super League. The fact that these two players were valued so highly raised some question marks in professional circles.
How are Juventus supposed to have cheated on transfers?
If Juventus signs a player for 10 million euros, he is included in the balance sheet at this value. If he gets a five-year contract, after the first year he is only worth 8 million. If Juve sells the player above this value, he can pocket the difference as “Plusvalenza”, as the profit from such a transaction is called in Italy. The profit margin is particularly large if you have trained the footballers yourself. The advantage of an exchange is that the player value can be artificially inflated and the profit on paper can thus be controlled. In truth, however, not a single franc flows. The prize is fictitious. But in terms of accounting, the deals work wonders.
What does that do for the club? Such positive valences are said to have made it easier for Juventus not to violate Uefa’s Financial Fair Play (FFP). The FFP is a Uefa tool designed to ensure clubs don’t spend more than they earn. Whoever does that anyway faces hefty fines up to and including exclusion from the European Cup.
If Juventus signs a player for 10 million euros, he is included in the balance sheet at this value. If he gets a five-year contract, after the first year he is only worth 8 million. If Juve sells the player above this value, he can pocket the difference as “Plusvalenza”, as the profit from such a transaction is called in Italy. The profit margin is particularly large if you have trained the footballers yourself. The advantage of an exchange is that the player value can be artificially inflated and the profit on paper can thus be controlled. In truth, however, not a single franc flows. The prize is fictitious. But in terms of accounting, the deals work wonders.
What does that do for the club? Such positive valences are said to have made it easier for Juventus not to violate Uefa’s Financial Fair Play (FFP). The FFP is a Uefa tool designed to ensure clubs don’t spend more than they earn. Whoever does that anyway faces hefty fines up to and including exclusion from the European Cup.
What does CC say about this?
So is Juventus dragging Sion into the dirt as well? “The case has been investigated, I know that. But the examiners found nothing. Because there is nothing. There is nothing behind the deal », Sion President Christian Constantin is sure.
For Constantin there is therefore no reason for skepticism. “If someone says that this price is excessive, I reply: First of all, I often sell my players at such prices. And secondly, Yannick is a great talent, was always a junior national player up to the U18 and rose from the U19 of Juve to the U23. The so-called Next Gen, which plays in Serie C. »
However, Cotter has not been on the pitch for a minute this season. Andersson experiences a similar situation. After three appearances for Sion, the Swedes moved to Denmark to join Randers FC a year ago. It is not known whether a transfer fee was paid. After a few games in the professional team, he was quickly relegated to the reserve team. It is no longer used there either. In any case, no one pays more than 4 million euros for the two today.
Credit Suisse Super League
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