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Monday briefing: Juventus post €124 million loss: Seeks up to €200 million of fresh funds

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9 October 2023 - 4:30 AM

Juventus will seek to raise as much as €200 million of new equity from its shareholders after the club posted another substanial annual loss.

The club lost €123.7 million in 2022/23 and predicted it would stay in the red this fiscal year.

In its preliminary financial statements, Juventus revealed that turnover in 2022/23 reached €508 million including transfer income – an increase compared to €443 million in 2021/22. The growth is primarily driven by higher transfer revenu

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