Juventus is expected to close the financial year 2020/21 with a huge loss of 190.7 million euros, twice as much as the previous year.
The impact of the coronavirus pandemic, which forced the closure of stadiums in Italy, continues to be felt. In addition to the lack of income from the fans, Juve’s finances were also affected by the early elimination from the Champions League, in the 32nd circle of the best.
According to figures published by Juve’s sister company, Exor, it is learned that the whites will close the financial year 2020/21 with 190.7 million euros loss, according to Calcio and Finanza.
This figure is a doubling of the losses recorded by Juventus in the financial year 2019/20, when it lost 89.7 million euros.
This will be the fourth year in a row that Juventus closes the financial year with a loss.
Juventus is one of the only clubs in Italy that has its own stadium, so it earns more than other clubs from ticket sales.
This means that Juve has been hit hard by the closure of stadiums in the country as a result of the pandemic.
Even today the stadiums are not fully open to fans in Italy, but only 50 percent of their capacity.
— Calcio e Finanza (@CalcioFinanza) September 7, 2021