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Juventus Sets Comolli as Next CEO With New Board Including Tether Representative

Shareholders authorized up to €110 million in new equity to support the club’s restart.

Overview

  • Shareholders approved the FY 2024–25 accounts showing a loss of about €58.1 million on €529.6 million in revenue and €559.6 million in costs.
  • The assembly cleared an equity increase of up to €110 million, with Tether expected to participate in line with its 11.5% stake.
  • The refreshed board will include Tether’s Francesco Garino, while Exor’s slate advances as the controlling investor reiterates no intention to sell its holding.
  • Damien Comolli will be formally appointed CEO at the new board’s first meeting following today’s handover from outgoing chief Maurizio Scanavino.
  • Juventus is completing its organizational rebuild with Marco Ottolini chosen as sporting director, Peter Silverstone slated to lead the commercial area from 2026, and Pier Donato Vercellone starting in December.