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Juventus estimate losses at $105 million

Juventus, the champions of Serie A, revealed that the club recorded losses of 89.7 million euros ($105 million) in the financial year ending June 30.
Juventus explained that the current deficit is more than double that of the previous fiscal year.
“At their meeting chaired by Club President Andrea Agnelli, the club’s regular shareholders confirmed the financial statements via closed-circuit video service as of June 30, 2020,” the Old Lady Club said in a statement.
“A loss of €89.7 million (compared to a loss of €39.9 million in 2018/19) was recorded, which was covered using the stock reserve,” he said.



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