NEWS
Friday April 29 2011
Juve set for cash injection

Juventus may have as much as €100m to spend on strengthening the squad during the summer, reports claim.

Both La Gazzetta dello Sport and the Corriere dello Sport have splashed that figure on their front pages this morning after the comments of John Elkann.

The latter, the President of Juventus' holding company Exor, has claimed that he is ready to pump fresh funds into the club if that is necessary.

Exor reportedly have around €60m for the Old Lady of Italian football after another disappointing campaign.

The club are also expected to have a further €25m at their disposal from funds linked with the new stadium project.

And finally the outfit are set to raise around €15m over the summer in player sales and wage reductions.

That, in theory, could give the Turin giants a three-figure sum to throw at new players once the transfer window opens.

Director general Beppe Marotta has already publicly claimed that his plans for the summer are to buy two or three star names.

However, it remains to be seen whether the club will actually have the €100m figure solely for new faces.

The club are expected to post losses close to €60m, partly due to the fact that they did not qualify for the Champions League this season, and may need to offset some of that.

Next term's likely absence from Europe's premier competition is also likely to substantially affect revenue.

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