British fund Lindsell Train has increased its stake in Juventus to 11.3 per cent, becoming the biggest shareholder after the Agnelli family.
Despite a €19m loss for 2017-18, the share price of the Turin club has climbed in the wake of the Cristiano Ronaldo signing, up 27 per cent on last year.
That gives the club a total market value of around €1bn, with shares currently trading at €0.9485, a figure which was as high as €1.813 in recent weeks.
British fund Lindsell Train has increased its stake in Juventus to 11.3 per cent, becoming the biggest shareholder after the Agnelli family.
Despite a €19m loss for 2017-18, the share price of the Turin club has climbed in the wake of the Cristiano Ronaldo signing, up 27 per cent on last year.
That gives the club a total market value of around €1bn, with shares currently trading at €0.9485, a figure which was as high as €1.813 in recent weeks.
The Bianconeri are holding their shareholders’ meeting today, and it has been revealed that Lindsell Train has raised its stake from 10 per cent to 11.298 per cent.
The fund previously doubled its shareholding from 5 per cent in 2016.
That makes Lindsell Train the second biggest single shareholder in Juventus, after Exor, the holding company controlled by the Agnelli family, at 63.77 per cent, per Calcio e Finanza.
The Agnelli family have owned Juve since 1923 when Edoardo Agnelli, son of FIAT founder Giovanni Agnelli, bought the club.
Edoardo’s grandson, Andrea Agnelli, is the current Bianconeri President.