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Juventus, accounts in the red: almost 100 million euros in losses

The 2010-2011 financial statements of the Juventus club have been approved: the loss is 95,3 million, the consequent capital increase of 120 million

Juventus, accounts in the red: almost 100 million euros in losses

The shareholders' meeting of Juventus has approved by majority the 2010-2011 financial statements, closed with a loss of 95,4 million euros.

Also approved by majority were the coverage of losses and the consequent capital increase of 120 million euro, without the cancellation of the shares. The capital increase will also be used to finance the five-year industrial development plan.

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