The Daily ITK Discussion Thread - 23rd December 2022

[Bluto Blutarsky]

The concept that Paratici acted without full knowledge from Juventus is quite frankly absurd. In fact it's as absurd as FIFA and UEFA sanctioning anybody for corruption. They don't have the nuts to punish Juventus but are happy enough to go after a few employees instead.

I agree.

 

[wishkah]

Been speaking to some contacts via WhatsApp about the goat bleat. Nothing specific to our deals but told its quite easy to indemnify or add clauses to our deals meaning there is no blow back or chance of non payment - or even damages could be awarded if Patrici goes to jail or deals investigated. Not a big problem.

the problem, they tell me, is reputational risk. Italian clubs have reacted with public outrage and want to publically condem Any wrong doing. It’s about appearing squeaky clean. Which means the idea of associating with patrici in any form viewed as bad PR.

 

[Stoof]

Been speaking to some contacts via WhatsApp about the goat bleat. Nothing specific to our deals but told its quite easy to indemnify or add clauses to our deals meaning there is no blow back or chance of non payment - or even damages could be awarded if Patrici goes to jail or deals investigated. Not a big problem.

the problem, they tell me, is reputational risk. Italian clubs have reacted with public outrage and want to publically condem Any wrong doing. It’s about appearing squeaky clean. Which means the idea of associating with patrici in any form viewed as bad PR.

As you say, I can't imagine it's anything to do with the former at all, and is entirely reputational.

 

[Teegart]

The Goat and Wishkahs news is probably a blessing in disguise, to be honest. We always hear about how difficult it is to negotiate with Italian teams in general. The Kulu and Bentancur deals were only smoother due to Paratici’s Juve history most likely, so instead of having to deal with these difficult clubs, might be for the best to force us to start looking elsewhere for signings.

 

[whitesocks]

Been speaking to some contacts via WhatsApp about the goat bleat. Nothing specific to our deals but told its quite easy to indemnify or add clauses to our deals meaning there is no blow back or chance of non payment - or even damages could be awarded if Patrici goes to jail or deals investigated. Not a big problem.

the problem, they tell me, is reputational risk. Italian clubs have reacted with public outrage and want to publically condem Any wrong doing. It’s about appearing squeaky clean. Which means the idea of associating with patrici in any form viewed as bad PR.

So you're saying the prices have gone up for us?

 

[Dirty Ewok]

So people don't want to deal with Patrici, understandable given the current climate.

But, couldn't we do things like, use a different intermediary (like, say a lawyer with no association to Patrici) and ensure the funds get paid by a large, stable international bank that has robust compliance apparatus to make everyone feel good?

 

[tubbygold]

So people don't want to deal with Patrici, understandable given the current climate.

But, couldn't we do things like, use a different intermediary (like, say a lawyer with no association to Patrici) and ensure the funds get paid by a large, stable international bank that has robust compliance apparatus to make everyone feel good?

It's not about that. It's about reputation in the general public - if a club makes a deal with Tottenham, they deal with Paratici by association, even if he has nothing to do with it.

 

[AssaTM]

Continuing to employ a book cooking crook as Managing Director of Football even as it hurts the club in his favorite market during a transfer window is just such a perfect Levy touch. Disregard for business ethics, inability to accept he's made a mistake, take a loss on it and move forward. Classic stuff.

What are you on about friend

 

[coy-spurs1882]

The Goat and Wishkahs news is probably a blessing in disguise, to be honest. We always hear about how difficult it is to negotiate with Italian teams in general. The Kulu and Bentancur deals were only smoother due to Paratici’s Juve history most likely, so instead of having to deal with these difficult clubs, might be for the best to force us to start looking elsewhere for signings.

but they are not the ones Conte want

 

[Stoof]

Continuing to employ a book cooking crook as Managing Director of Football even as it hurts the club in his favorite market during a transfer window is just such a perfect Levy touch. Disregard for business ethics, inability to accept he's made a mistake, take a loss on it and move forward. Classic stuff.

1) Not here.
2) Not here, obviously.
3) Seriously. Not here.

 

[Duke of Northumberland]

All these Paratici revelations shed new light on the "why oh why doesn't DL step back and hand over the keys to Fabio?" debate.

 

[Neon_Knight_]

I know he's got this thing hanging over his head and obviously both he and the club could do without it but take that away and surely what you say would still apply?

That being the case the shelf life on any DoF is what, a couple of years?

Surely a decent DoF continues to exploit and grow their network. If they can't do that, it makes you wonder how they got their existing knowledge.

 

[MightySpurs]

All these Paratici revelations shed new light on the "why oh why doesn't DL step back and hand over the keys to Fabio?" debate.

A&C would love this in here
I dare you…

 

[Insomnia]

A&C would love this in here
I dear you…

@Hercules , is that you

 

[Jules77]

Juve is not banned from business- but Paratici is. So clubs should be reluctant to do business with Paratici, lest they get accused of violating the ban and face sanctions themselves.

Agree. But this is a fairly easy problem to solve for a business. We probably have drafted a quick legal agreement stating that FP wont be involved at all and have negotiating clubs sign it. Am not a lawyer, but likely that is enough to put all the blame on us then, even if he does send an email or two about a deal! With something like that in place, a club's desire to take our money should come back to the fore!

EDIT: just read Wishkah's post about the optics of associating with KP right now. Seems reasonable. I guess it depends on what we're offering vs someone else - is it worth a (maybe small - it's illegal for FP to be involved in any Roma deal so pretty easy to say they aren't dealing with him?) public relations hit.

 

[coysjod]

Been speaking to some contacts via WhatsApp about the goat bleat. Nothing specific to our deals but told its quite easy to indemnify or add clauses to our deals meaning there is no blow back or chance of non payment - or even damages could be awarded if Patrici goes to jail or deals investigated. Not a big problem.

the problem, they tell me, is reputational risk. Italian clubs have reacted with public outrage and want to publically condem Any wrong doing. It’s about appearing squeaky clean. Which means the idea of associating with patrici in any form viewed as bad PR.

I don't know who this Patricia is but I am now on the same page, feeling that I don't want anything to do with the dirty old hag.

 

[RuskyM]

Have we considered getting him a fake moustache and big glasses?

 

[Led Revolver]

Agree. But this is a fairly easy problem to solve for a business. We probably have drafted a quick legal agreement stating that FP wont be involved at all and have negotiating clubs sign it. Am not a lawyer, but likely that is enough to put all the blame on us then, even if he does send an email or two about a deal! With something like that in place, a club's desire to take our money should come back to the fore!

EDIT: just read Wishkah's post about the optics of associating with KP right now. Seems reasonable. I guess it depends on what we're offering vs someone else - is it worth a (maybe small - it's illegal for FP to be involved in any Roma deal so pretty easy to say they aren't dealing with him?) public relations hit.

Good idea, but the club won’t do that. They have to maintain an innocent until proven guilty (Italian football’s governing body verdict aside!) approach until the bitter end now.

 

[Jules77]

Good idea, but the club won’t do that. They have to maintain an innocent until proven guilty (Italian football’s governing body verdict aside!) approach until the bitter end now.

Yeah a good point, but if Roma or Inter said we won’t deal with you unless this is in place, am not sure we wouldn’t. It could be written in a way that doesn’t acknowledge guilt. But also he IS banned right now, so surely we have to acknowledge and work around that reality, even if as a club we don’t agree with it?

 

[Zeb]

Good idea, but the club won’t do that. They have to maintain an innocent until proven guilty (Italian football’s governing body verdict aside!) approach until the bitter end now.

Couldn't they put him on gardening leave - announce that and it might make us more appealing to deal with?