Juventus to Seek Shareholder Approval for €250 Million Capital Increase

Italian soccer club Juventus announced it will ask shareholders to approve a capital increase of up to €250 million ($283 million) as it braces for another loss in the current fiscal year.

Details of the Plan

In a statement, the club said it will seek authorization for its board to execute the share issue in one or more tranches by the end of 2026. The funds are intended to strengthen Juventus's equity base and support its sporting competitiveness.

The capital raise is also earmarked for potential upgrades to strategic real estate, including its stadium in Turin, and to improve overall financial sustainability. The move comes as the club navigates a challenging financial period.

Shareholder Support and Financial Health

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Exor, the holding company of the Agnelli family and Juventus's controlling shareholder, has pledged its support for the capital increase. The company, which owns approximately 65% of Juventus, will immediately inject €60 million into the Serie A club.

This capital injection follows a reported loss of €66 million for the fiscal year that ended June 30, an increase from the €58.1 million loss in the prior year. The club attributed its forecast for another annual loss to its failure to qualify for this season’s lucrative UEFA Champions League.

Context and Outlook

Juventus has not recorded an annual profit since the 2016-2017 fiscal year, and investors have injected approximately €1 billion into the club over the past seven years. Despite the current challenges, the club stated it anticipates a "progressive improvement" in its financial results over the following two years.