Now that the facts are in, the sale of Samuel Iling-Junior and Enzo Barrenechea to Aston Villa will cover the cost of Douglas Luiz to Juventus, but there are still issues.

Juve must provide detailed financial information for their moves because they are listed on the stock exchange.In a series of comments over the last two days, the Bianconeri acknowledged that Douglas Luiz had been signed for €50 million from Aston Villa.

At the same time, Juventus sold Iling-Junior for €14 million plus up to €3 million in bonuses, while Barrenechea went for €8 million plus up to €3 million.

 

 

According to Calcio e Finanza, the sale of the two players benefits the balance sheet ending June 30, 2025 by €20.1 million after accounting for amortisation, salary, and profit margin.

Considering the purchase fee and Douglas Luiz’s salary, which is said to be €5 million each season net, they will cost €19.25 million on the same balance sheet, effectively canceling out.

Juventus and Aston Villa balance the books

The statements are extremely clear that these are “separate and distinct transactions, both contractually and substantively.”

There is also a statement that emphasizes the “interpretative uncertainties regarding the application of IAS 38,” therefore Juventus is taking extra precautions when assessing “fair value.”

This was partially unavoidable after they were punished points, fined heavily, and forced to replace their whole Board of Directors in 2022-23 due to the scandal involving ‘artificially inflated’ transfer valuations to balance the books.

They are hedging their bets and will wait until February 2025 to set up the balance sheet.

The reason the agreements were revealed on different days is that Aston Villa needed the sale by June 30 to avoid falling foul of the English version of Financial Fair Play, whereas making the signings in the fiscal year beginning July is more convenient for them.