Business · Companies · 2 hrs ago
Juventus shareholders approve €250 million capital increase after €66 million loss
At Juventus’s shareholders’ meeting in Turin, shareholders approved a €250 million capital increase to strengthen the club’s finances.
The club’s consolidated accounts showed a €66 million loss for the 2025-26 financial year, its ninth consecutive year in the red.
Juventus said €60 million had already been advanced by Exor, its majority owner, which committed to cover its share and any portion not taken up by other investors.
The money is needed because the club has limited financial reserves and expects another loss in the current year without Champions League revenue.
Juventus’s finance chief said 45 to 50 percent will shore up finances for the next two financial years, while about €100 million may be used for investment, mainly to strengthen the squad.
The approval passed with 99.9 percent of votes, and second-largest shareholder Tether also supported the capital increase.
Returning to the Champions League is central to improving the accounts, while CEO Giovanni Carnevali said the club must work within its resources and its agreement with UEFA.
Juventus shareholders approved a €250 million capital increase, with 99.9% voting in favour.
The club’s consolidated accounts for the year ended June 30, 2026, showed a loss of €66 million.
Exor has already advanced €60 million and said it would cover its share and any unsubscribed portion.
Juventus said 45% to 50% of the funds would address balance-sheet needs for 2026-27 and the following financial year.
Around €100 million could be used for investments, mainly to strengthen the squad and, to a lesser extent, develop real estate assets.
- Who
- Juventus shareholders approved the increase. Exor has advanced €60 million and said it would cover its share and any unsubscribed portion.
- What
- They approved a €250 million capital increase after the club reported a consolidated loss of €66 million.
- When
- The shareholders met on November 3, 2026.
- Where
- Turin, Italy.
- Why
- Juventus cited the need to strengthen its balance sheet and support investment. The absence of Champions League revenue was also described as a concern for the club’s finances.
This story does not have two clearly opposing sides.
Juventus’s financial year ended with a consolidated loss of €66 million.
Shareholders met in Turin, approved the accounts and backed the €250 million capital increase.
The board confirmed Giovanni Carnevali as chief executive after the assembly.
The board was authorised to carry out the capital increase.
- Capital increase
- €250 million
- Vote in favour
- 99.9%
- Funds already advanced
- €60 million by Exor
- Consolidated loss
- €66 million for the year ended June 30, 2026
- Exor shareholding
- 65.4%
- Tether shareholding
- 11.5%
3 sources
What people are saying
The capital strengthening needs for 2026-27 and the following financial year amount to 45-50% of the total value.
We have to work with the resources we have, with what we can do, to make Juve a great club again over time, because it takes a little time.
The words of the new chief executive give us confidence: finally we heard talk of football and plans. Now we have to recover Juventus’s appeal and prestige.
Stop getting the choices wrong every year. Buy players and then men.