Juventus are expected to reach the 2019/20 season in red numbers with 69 million euros, according to a new report by Calcio and Finance.
He suggests that following the loss of 39.9 million euros recorded as of 30 June 2019 and the loss of 19.2 million euros in 2018, the bianconeri will be in red numbers.
According to the accounts of Exor, the corporate holding company of the Agnelli-Elkann family circle that owns 63.77% of Juventus, the club closed the January-June 2020 era, marred by the Covid-19 emergency, with a loss of 19 millions of euros. .
Taking into account that the club chaired through Andrea Agnelli closed the first part of the monetary year 2019-2020 (July-December 2019) with a net loss of 50.3 million euros, it is moderate to expect that the monetary statements of Juventus As of June 30, 2020, they show a loss of around 69.3 million euros.
This figure should be taken with caution, as the Juventus figures reported in the 16th exor report are used to identify the consolidated accounts of the controlling company.
Juventus 2020 accounts in Exor accounts – Results January-June 2020
However, as has happened in recent years, the figure that emerges from the accounts of Exor, another of Juventus, is a reliable indicator of what the result will be for Juventus.
The Juventus board will meet on 18 September to approve the accounts of 30 June 2020, this time the precise duration of the budget result for the 2019-2020 season will be known, with the victory of the 9th consecutive championship and with the dismissal in those of 16 of the Champions League for Lyon.
If the loss of 69.3 million euros were shown through the club’s board of directors, it would be the 3rd consecutive negative result for the club, which, between 2015 and 2017, had controlled to close the balance sheets for profit, also thanks to the capital gains made..
Juventus 2020 accounts in Exor accounts – The evolution of income
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