With the arrival of the first days of fall also means Juventus’ financial picture from the previous fiscal year starts to truly come into picture. So much of the discussion around the club coming out of the COVID-19 pandemic has been just how bad the financial losses will be, usually pushing into the nine-figure territory that put a serious strain on many things Juve have wanted to achieve.
Coming out of the 2024-25 fiscal year, the losses are still noticeable, but not nearly as bad as they previously
have been.
Juventus announced on Friday a total financial loss of €58.1 million for the 2024-25 fiscal year, a massive improvement from how things were just 12 months ago following a 2023-24 campaign in which the club didn’t participate in the Champions League. However, with the larger-than-ever UCL league phase schedule, participation in the Club World Cup this summer and a good chunk of money coming in with player sales, Juve were able to cut their losses down from nearly €200 million for the 2023-24 fiscal year.
Juve were able to earn more than €75 million with their return to the Champions League, the club said. The run to the Round of 16 in the Club World Cup added another €27 million toward cutting the overall losses.
According to the club’s strategic plan, they are not expecting another year of massive fiscal improvements for the current fiscal year, but the potential breakeven point is possible come the 2026-27 season. To help bridge that gap, Juventus will have shareholders vote at next month’s General Assembly Meeting on a €110 million capital increase from Exor, the Agnelli family’s holding company that owns the majority stake in the club.
The club will also introduce a new, 12-year bond issuance worth €150 million that is aimed at restructuring some of the debt that is still present and provide further capital investments.
Juventus last posted a net profit for a fiscal year in 2016-17 thanks in large part to higher domestic broadcasting rights as well as the second run to a Champions League final within a three-year span under Max Allegri.