Juventus Shareholders Approve €250m Capital Raise Backed by Exor
The funding secures immediate liquidity to strengthen the club’s finances and could free roughly €100m for squad investment while spending will be shaped by UEFA limits.
Overview
- At a shareholders’ meeting on Tuesday, the board was authorised to launch a capital increase of up to €250 million and the club’s consolidated accounts for the year to 30 June 2026, showing a €66 million net loss, were approved.
- Majority owner Exor guaranteed it will subscribe its 65.4% stake and any unsubscribed portion and has already advanced €60 million, making the raise effectively secured and providing immediate cash.
- Management said about €100 million of the proceeds could be channelled to sporting investment and reported transfer targets include several centre-forwards, though those names remain journalistic speculation rather than club-confirmed signings.
- CEO Giovanni Carnevali publicly affirmed support for coach Luciano Spalletti and outlined structural changes, including a new scouting department and an integrated Next Gen and youth project to rebuild talent pathways.
- CFO Stefano Cerrato warned the current financial year is still expected to record a loss because Europa League revenue is lower than Champions League income and said Champions League qualification and the UEFA settlement will strongly limit how the club can spend.