Italy’s Juventus to ask investors for up to €250 million
Soccer Football – Serie A – Juventus v Parma – Allianz Stadium, Turin, Italy – August 29, 2026 General view inside the stadium before the match REUTERS/Jennifer Lorenzini
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
MILAN, Sept 29 : Italian soccer club Juventus said on Tuesday it would ask shareholders to approve a capital increase of up to €250 million ($283 million) as it warned of another loss this fiscal year.
• Juventus will ask shareholders to authorise the board to carry out the share issue, in one or more tranches, by the end of 2026, the club said in a statement
• The move is intended to strengthen the club’s equity base and sporting competitiveness, support potential upgrades to strategic real estate assets including its Turin stadium, and improve its financial sustainability, it said
• Juventus said controlling shareholder Exor, the Agnelli family’s holding company, would back the capital raising and immediately inject €60 million into the Serie A club
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
• Exor owns around 65 per cent of Juventus shares
• Juventus posted on Tuesday a loss of €66 million in the year ended June 30, compared with a loss of €58.1 million a year earlier
• The club forecast another loss in the current fiscal year, after failing to qualify for this season’s UEFA Champions League
• It expects a “progressive improvement” over the following two years
• Investors have injected about €1 billion into Juventus over the past seven years
• Juventus last posted an annual profit in the 2016-2017 fiscal year
($1 = 0.8838 euros)
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
