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Juventus proposes €250 million capital increase following €66m loss
Juventus Football Club has reported a consolidated loss of €66 million for the fiscal year ending June 30, 2026, marking its ninth consecutive year of deficits. Total revenues fell 10.4% to €474.7 million, driven by declines in broadcasting rights and player registration income. Despite these losses, the club saw a €20.3 million increase in sponsorship and advertising revenue, bolstered by agreements with Stellantis Europe and Visit Detroit.
To stabilize its financial structure and support sporting competitiveness, the Board of Directors has proposed a capital increase of up to €250 million. Majority shareholder Exor, controlled by the Agnelli-Elkann family, has committed to subscribing to its portion of approximately €164 million and will provide an immediate €60 million advance. Exor has also offered to act as a guarantor for any unsubscribed shares.
The club's stock experienced a significant decline following the announcement, hitting levels not seen in over a decade. Management intends to use the new capital to strengthen the balance sheet, invest in strategic assets like the Allianz Stadium, and enhance brand value. Future financial stability remains heavily dependent on returning to the Champions League, as competing in the Europa League is expected to result in significantly lower revenues.
Entities
Agnelli-Elkann family · Allianz Stadium · Exor · IFIL · John Elkann · Juventus
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The capital increase aims to strengthen capital structure, sporting competitiveness, and strategic real estate investments like Allianz Stadium. www.skysportaustria.at · telegrafi.com
- [○ 1 SOURCE] Operating expenses decreased by 42 million euros in the last fiscal year, with personnel costs down by 11 million euros. www.skysportaustria.at
- [○ 1 SOURCE] The board of directors is expected to seek shareholder approval for the mandate on November 3. telegrafi.com
- [● 2 SOURCES] Exor will immediately pay 60 million euros as an advance toward its share of the capital increase. www.skysportaustria.at · telegrafi.com
- [○ 1 SOURCE] The club reported a loss of 66 million euros for the 2025/26 fiscal year. www.skysportaustria.at
- [● 3 SOURCES] Juventus plans a capital increase of up to 250 million euros. www.affaritaliani.it · www.skysportaustria.at · telegrafi.com
- [○ 1 SOURCE] Since 2007, Juventus has raised approximately 1.22 billion euros through six completed capital increases. www.affaritaliani.it
- [○ 1 SOURCE] Majority shareholder Exor intends to take a 65.4 percent share of the capital increase. www.skysportaustria.at