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Juventus increase turnover by almost €200m

September 23, 2017

Juventus have improved on previous years financial records, increasing the clubs turnover and posting a profit of €42.6m on the previous year.

Under leadership of Andrea Agnelli the club has steadily improved it’s financial status, with 2016/17 being no exception. The club earned €562.7m in revenue over the past financial year with almost €43m of that amount being pure profit as well as an increase in turnover of close to €200m on 2015/16’s €387.9m revenue.

A statement on the clubs official website highlighted some of the details and offered a full breakdown of the financial records and turnover:

“In a meeting chaired by club president Andrea Agnelli, the Juventus Football Club S.p.A board of directors today approved the draft financial statements for the year ended 30 June 2017:

The year 2016/2017 confirms the improvement reported in previous years; for the third year the business closed with a profit.

The Board of Directors approved the draft financial statements for the year ended 30 June 2017, reporting a profit of € 42.6 million which will be allocated to reserves.

The Ordinary Shareholders’ Meeting is called on 24 October 2017 at the Allianz Stadium.”

 

The full press release in PDF format is available here.

 

 

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  • ho Hi

    And why a new Stadium name?

  • Dar Black

    Meanwhile, Juventus parent company Exor recently posted a 6 month half year profit of $1.09 billion dollars. Nice. Although oddly Juve was a 17 million loss to Exor during the period. Strange in light of the above news.