SSC Napoli As A Company
Revenue | €131,476,940 (2010–11) |
---|---|
Operating income | €15,712,096 (2010–11) |
Net income | €4,197,829 (2010–11) |
Total assets | €110,053,332 (2010–11) |
Total equity | €29,305,052 (2010–11) |
Since refound in 2004, SSC Napoli had a sustainable management strategy. The club has one of thee largest supporting group in Italy (or fourth, behind Juventus and Milan teams) which was the main source of income, in terms of gate revenue and TV rights. Except the first few seasons, Napoli made an aggregate profit in successive years: in 2004–05 and 2005–06 season the net loss were €7,061,463 and €9,088,780. In 2006–07 Serie B, Napoli made its first profit of €1,416,976 The first Serie A season made new born Napoli had a net profit of €11,911,041 It followed by a net profit of €10,934,520, due to the income from European matches was offset by the increase in cost. In 2009–10 season, Napoli heavily invested on players, made that season had a net profit of just €343,686. In 2010–11 Serie A, Napoli returned to the right track with €4,197,829 net profit. It was due to the new collective TV rights of Serie A, as well as qualified to 2010–11 UEFA Europa League.
Napoli shareholder equity on 30 June 2005 was a negative of €261,466, which the club started from €3 million capital and re-capitalized €3.8 million during 2004–05 Serie C1. On 30 June 2005 the equity was increased to €211,220, as the net loss was backup by a re-capitalisation of €9.3 million + €261,466 for previous net loss. On 30 June 2007 the equity was increased to €1,961,975, due to the net profit and a re-capitalised of €288,780 (to make the share capital back to €500,000). On 30 June 2008 the equity was increased to €13,829,015 with a capital increase of just €1,000. The net income contributed the increase in equity on 30 June 2009, which was €24,763,537. On 30 June 2010 the equity was at €25,107,223.O 30 June 2011 the equity was increased to €29,305,052. Though less than €17 million equity contribution in total from Filmauro, Napoli achieved self-sustainability by good management and its large fans base.
Read more about this topic: S.S.C. Napoli
Famous quotes containing the word company:
“In the old days, one married a wife; now one forms a company with a female partner, or moves in to live with a friend. And then one seduces the partner, or defiles the friend.”
—J. August Strindberg (18491912)