Personnel
Juve seem to be building a strong team. They lost Zambrotta, Cannavaro, Emerson, Vieira and Ibrahimovic, which is a clear out but not on a grand scale that many predicted.
They have now managed to retain Buffon, Del Piero, Trezeguet, and Nedved. They have also brought in class signings like Iaquinta, Almiron and Tiago.
They will probably land one of Milito or Canna for their defence. That means their spine will probably be Buffon--Canna/Milito---Tiago---Del Piero---Iaquinta---Trezeguet.
IMO those names are brimming with quality.
They have appointed Ranieri, whom I am not a big fan of. But on the personnel front, I give Juve a 7.5/10.
Financial side
They lost their shirt sponsorship with Tamoil, which was, incidentally, the most lucrative shirt sponsorship deal in Europe. However, they are now going to be sponsored by FIAT and they are going to be making 33 million euros a year.
They also received a capital hike of EUR 104.8 million to help fund their transfer campaign.
Being bankrolled by a rich company certainly helps!
Juve, however, have to get into the Champions League at the first time of asking, and I feel like they have a very good shot.
Overall- 7/10
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Unlike many, I think Juve haven't really lost THAT much quality. Del Piero, Trezeguet, Buffon, and Iaquinta are solid players, three of them World Champions.