Source: REUTERS/DANIELE MASCOLO
[Saba Sports News] According to reports from Italian
media, Juventus reported a loss of 75.1 million euros in the third quarter,
prompting the Juventus board of directors to approve a capital increase plan of
up to 200 million euros. Financial statements as of September 30 indicate that
Juventus incurred a loss of 75.1 million euros from July to September,
exceeding the anticipated loss for the entire fiscal year. To facilitate the
club’s development, the Juventus board, presided over by Chairman Ferrero,
passed the capital increase plan. The capital increase is slated to take place
in the first quarter of 2024. EXOR Group, the parent company of Juventus and
the major shareholder holding 63.8% of the shares, has expressed support for
this capital increase plan. They have committed to subscribing for shares
proportionally and will make an initial payment of 80 million euros in the
coming days.