Skip to Content

Struggling Juventus reports record financial loss

KIFI

TURIN, Italy (AP) — Juventus has reported a record loss of 254.3 million euros for the 2021-22 financial year at a board of directors meeting. It’s the fifth consecutive year that Juventus has reported a loss. It is 44.4 million euros more than in 2020-21. Juventus says the increase in losses is mainly due to decreased income from TV rights and media revenues due to fewer Champions League matches. Juventus was eliminated by Villarreal in the first knockout round of last season’s Champions League. The Bianconeri have also lost their opening two matches of this season’s Champions League and have won just two of seven Serie A games.

Article Topic Follows: AP National Sports

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content