Juventus Approves Budget with €58.1M Loss, Plans €110M Capital Increase
Juventus’ board of directors has approved the 2024-25 budget, reporting a loss of €58.1 million - a significant improvement from the €199.2 million loss recorded the previous year. The positive shift is attributed to the club’s return to the Champions League and strategic player trading.
To bolster its financial position and maintain sporting competitiveness, the board will propose a capital increase of up to €110 million to shareholders at the November 7th assembly. €30 million of this increase has already been committed by partner Exor.
According to a club statement,the decision reflects revised economic forecasts for 2025/2026 and subsequent years.These revisions account for lower-than-anticipated sports performance and sponsorship revenue, alongside non-recurring costs. The club anticipates limited improvement in results and cash flow in the current season,with a target of reaching break-even by the 2026/2027 exercise.
Despite the recent improvement, Juventus has now recorded eight consecutive years of losses, accumulating a total deficit of €847 million over the past five years. Previous losses included €227 million in 2020-21, €239 million in 2021-22, €124 million in 2022-23, and €199 million in 2023-24.the approved budget, however, signals a “clear turnaround” for the club.
