“Juve denies any wrongdoing”. The letter to the shareholders

TORINO – John Elkann sent the usual letter to Exor shareholdersthe holding company that controls Juventus, taking stock of the current situation of the Juventus club: “To a greater extent than many of our clubs, in 2022 Juventus found itself facing growing internal and external difficulties, which put the club to the test. It posted a significant loss of $239 million on the year and, for the first time since 2011, the men’s team did not win any titles. But it was the lawsuits against the club that ended up occupying the company’s board, which met 18 times over the course of the year“.

John Elkann and the position of Juventus

To about John Elkann further specified Juventus’ positionextraneous as always to any type of illicit: “The level of pressure has grown to such an extent that the board of directors has decided to resign in order to allow the company to protect itself most effectively against allegations ranging from alleged accounting irregularities to inaccurate disclosures to the financial markets mainly relating to the trading of players and wage agreements. Juventus denies any wrongdoing“.

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2023-04-17 09:22:09
#Juve #denies #wrongdoing #letter #shareholders

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