Juventus boosts funds with 250 million
The Italian club Juventus has announced its intention to increase its capital by 250 million euros (approximately 283 million dollars) in order to enhance its competitive capacity and support the development of its real estate assets, including its stadium in Turin, and to ensure long-term financial sustainability. The club's management will seek shareholder approval for the issuance of new shares by the end of 2026, with significant backing from Exor Holding, the family’s investment company, which will contribute an immediate 60 million euros. Despite incurring financial losses of 66 million euros during the past fiscal year, Juventus anticipates gradual improvements in its financial situation over the next two years, even though it is currently absent from the Champions League.
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