There was plenty of things to sift through when it comes to the upcoming shareholders’ meeting at Juventus. There is going to be a new CEO at the club (even though we have a good idea who it will be). There are new names being brought forward to join the board of directors for the first time. Plus, there’s the financial statements to be confirmed following a year in which the club’s losses aren’t what they have been the last couple of years.
But deep inside of Juventus’ documents regarding the upcoming
shareholders’ meeting and financial information regarding the 2024-25 fiscal year that ended in June, there was another piece of information.
Juve are currently under investigation by UEFA for potential Financial Fair Play breaches. The club confirmed that UEFA contacted them last month in regard to a potential breach of financial rules related to Financial Fair Play. The potential breach happened during the three-year period from 2022 to 2025, one in which there was already plenty of financial-related drama happening off the field as a result of the plusvalenza investigation and subsequent point penalty that resulted in Juve missing out in European football during the 2023-24 season, Max Allegri’s last campaign in charge in Turin.
A ruling on the potential breach is expected at some point in the spring next year.
So what could all this mean in terms of a punishment?
Juventus said it will involve “a possible economic sanction … and possible sporting restrictions.”
Juventus’ full statement regarding the newfound UEFA investigation is as follows:
“With reference to the Football Earning Rule parameter , on 18 September, as is customary in similar situations for clubs participating in UEFA competitions, the Group received from UEFA notification of the initiation of proceedings for the potential exceeding of the same for the three-year period 2022/2023-2024/2025 . The outcome of this proceeding – which will also take into account the performance forecasts for the current year and for future years of the set of UEFA economic-financial parameters – is expected for the spring of 2026 and could give rise to a possible financial sanction (currently difficult to quantify, but presumably of an insignificant amount) as well as possible sporting restrictions (such as, for example, restrictions on the registration of new players in the lists of UEFA competitions).“
“Finally, for the sake of completeness, it should be noted that the Overdue Payables parameter has always been respected by the Group and is expected to continue to be respected in the future.“
As Reuters stated, “UEFA’s football earnings rule limits clubs to 60 million euros ($70.14 million) in losses over a three-year period. This can be raised by 10 million euros per year if clubs meet four conditions that UEFA considers representative of ‘good financial health.‘“
As part of Juventus’ financial documents being posted on Thursday, the club reported a total fiscal loss of €58 million for the 2024-25 financial year.
