Juventus have increased the club's share capital by hundreds of millions of euros but haven't reached their goal yet
20 December 2019
Juventus have increased the club's share capital by €292.5 million, just shy of their target of €300 million.
The remaining rights will be offered on the Italian stock exchange.
Last month Juventus' board of directors decided to exercise their mandate to increase the club's share capital by €300 million. By the end of the subscription period, 97.54 per cent of the rights had been subscribed for an aggregate amount of approximately €292.5 million.
The remaining rights will be offered on the Italian stock exchange from 23rd December 2019.
The club's majority shareholder, Exor NV (a holding company owned by the Agnelli family), has subscribed its portion of the share capital increase for an amount equal to approximately €191.2 million.
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