Juventus recorded losses of 89.7 million euros ($105 million) for the monetary yr ending June 30, the Italian league champions announced on Thursday. Membership president Andrea Agnelli chaired the Peculiar Shareholders’ Assembly in Turin by way of video convention due to the coronavirus pandemic. The nine-time reigning Serie A champions’ losses had been 39.9 million euros the earlier monetary yr.
“The Peculiar Shareholders’ Assembly accredited the monetary statements as of 30 June 2020, reporting a lack of 89.7 million euros (in comparison with a lack of 39.9 million euros in 2018/2019), which was lined through the use of the share premium reserve,” Juventus said in an announcement.
The Turin giants additionally introduced a brand new organisational construction with Federico Cherubini taking on as new soccer director.
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Juventus‘ “new organisational construction envisages the focus of the membership’s actions in two macro-structures: the Soccer Space and the Enterprise Space”.
“Federico Cherubini assumes the function of Soccer Director, immediately reporting to Fabio Paratici, who maintains the direct duty of the First Staff,” the group added.
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