Thursday February 25 2021
Juventus announce €113m loss so far in 2020-21

Juventus officially announced the financial report for the first six months of 2020-21, confirming a loss of €113.7m.

The Board of Directors at Juventus Football Club met today under the chairmanship of Andrea Agnelli and approved the half-year financial report for December 31, 2020.

The Old Lady announced the accounts for the first six months of the current campaign, with revenues of €258.3m, down from €322.3m in 2019-20.

The costs increased slightly to €263.4m and the club revealed the losses for the period amounted to €113.7m.

Juventus explained the ‘continuation of the pandemic has generated a significant negative impact on revenues’, estimated to be around €50m.