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Juventus to Get More Cash from Owner, Outline Priority

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Juventus have announced yet another capital increase of up to €250M, to be activated in due course. They were in the red by €66M in the last session.

Source excerpt · The Cult of Calcio ↗
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Juventus have announced yet another capital increase of up to €250M, to be activated in due course, also to foot some signings.
The Cult of Calcio · feed photo

From the source

Juventus have announced yet another capital increase of up to €250M, to be activated in due course. They were in the red by €66M in the last session.

The stakeholders will have to pour more money into the club to keep the debts in check and finance the transfer market, La Gazzetta dello Sport relays.

Exor will cover 65 percent of the sum, while the rest will come from the market. Their board of directors approved the measure on Tuesday, in Giovanni Carnevali’s formal debut as CEO.

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The Cult of Calcio ↗
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Juventus

Attributed publisher reporting. Kickjolly has not independently confirmed the claim.

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This brief is drawn from The Cult of Calcio. The original report is linked below for its complete context.

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