Juventus has recorded a net loss of €66 million for the 2025–26 financial year, marking the club’s ninth annual deficit, according to financial documents approved by the Board of Directors. In response to the ongoing financial shortfall, majority shareholder Exor plans to back a proposed €250 million capital increase to strengthen the club’s balance sheet and support future sporting investments.
Board Approves 2025–26 Financial Results
The Juventus Board of Directors officially signed off on the club’s financial figures for the preceding season, revealing a loss of €66 million. This follows a deficit of €58 million recorded during the 2024–25 financial year. Despite the negative result, club leadership noted that the losses fell in line with internal projections.
Operating costs decreased by €42 million during the period, while sponsorship and advertising revenue climbed past the €120 million threshold, bolstered by agreements with Stellantis Europe and Visit Detroit. Concurrently, the club restructured its debt profile by issuing a €150 million, 12-year bond aimed at stabilizing long-term liabilities.
Net Debt and Revenue Pressures
Financial disclosures indicate that Juventus’ net financial indebtedness rose to €331.1 million, representing an increase of €50.9 million compared to the €280.2 million recorded on June 30, 2025. Overall revenues and proceeds fell by 10.4% from €529.6 million down to €474.7 million.
The revenue contraction was primarily driven by lower returns from audiovisual rights and player trading management. The absence of the €27 million payout tied to the previous year’s participation in the Mondiale per club also weighed heavily on the annual ledger.
Exor Backs €250 Million Capital Increase
To stabilize the club’s financial foundation, the Board of Directors will put forward a proposal at the upcoming shareholders’ meeting on November 3 for a €250 million capital increase. According to board statements, the maneuver is designed to strengthen the patrimonial structure, enhance sporting competitiveness, upgrade strategic real estate assets—specifically the Allianz Stadium—and improve brand value.
Exor, the majority stakeholder in Juventus, confirmed it will cover its proportional share of the capital raise. Exor will immediately issue a €60 million advance payment to support ongoing operational liquidity.
Updated Business Plan and Future Outlook
Juventus has updated its multi-year business plan to account for ongoing revenue challenges, chief among them being the club’s absence from the Champions League for the current campaign. Projections indicate that the 2026–27 financial year will also close in a negative position before the club begins a progressive financial recovery across the two subsequent operating periods.
Shareholders will formally vote on the capital increase proposal during the scheduled assembly on November 3.
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