Turin, Italy. /
The losses of the Juventus increased last season exceeding the €250 million ($242 million), according to the balance sheet for the financial year 2021-22 approved this Friday by the club’s board of directors.
“The board of directors approved a consolidated balance sheet for the year ended June 30, 2022 which shows a loss of €254.3 million ($246 million)after losses of €210 million (203) the previous season,” the club announced.
These losses are the biggest in the history of Juventusfollowing the Italian deportivo referent La Gazzetta dello Sport.
Is he fifth consecutive year that the accounts of Bianconeri they are in red. Losses have not stopped increasing since the course 2017-18 (19.2 million euros)due to the financial weight of having three seasons with Cristiano Ronaldo (2018-2021)Besides the covid-19 pandemicwhich caused a drop in revenue from tickets and sponsors.
The Juventuswithout titles last year by first time since 2011specifies that the 2021-22 season “was still significantly penalized by the direct and indirect consequences of the pandemic.”
The club with the most titles in Italy expect “an improvement” of their accounts in the current season.
The Juventus is part of all three clubs, along with the Real Madrid and Barcelonafavorable to the creation of a Super League, a closed championship that aspires to rival the UEFA Champions League.
