Juventus Backs €250M Capital Boost as Deficit Deepens

A close-up view of a yellow and black Juventus corner flag inside Allianz Stadium

Quick Read

  • Juventus shareholders approved accounts showing a €66m net loss for 2025-26.
  • A capital increase of up to €250m was backed by 99.9% of voting shareholders.
  • Majority stakeholder Exor has already advanced €60m as part of the financial rescue.
  • Roughly €100m from the funding is earmarked directly for January squad reinforcements.
  • General manager Giovanni Carnevali warned that strict UEFA settlement agreements still limit transfer operations.

TURIN (Azat TV) – Juventus shareholders overwhelmingly approved the club’s 2025-26 financial statements and backed a capital increase of up to €250 million during a meeting held on Tuesday, November 3, 2026, at the Allianz Stadium. According to reporting by Football Italia citing Gazzetta dello Sport, 99.9% of shareholders voted to grant the board authority to launch the financial maneuver. The decision aims to stabilize the club’s balance sheet, upgrade strategic property assets including the stadium, and restore sporting competitiveness following a challenging operational period.

Financial statements presented at the Tuesday assembly revealed a deepened net loss of €66 million for the 2025-26 fiscal year, widening from Dongqiudi-cited figures of €58.1 million the previous year. Club officials attributed the expanded deficit primarily to missing out on lucrative UEFA Champions League qualification, which severely impacted the Bianconeri’s revenue streams.

Exor Backing and Balance Sheet Strategy

To manage the shortfall, majority stakeholder Exor—which holds a 65.4% stake in the club—has agreed to cover its proportional share and absorb any portion of the capital increase unclaimed by minor shareholders. Exor has already advanced €60 million toward the initiative.

Quotidiano Sportivo noted that the capital injection represents the club’s fifth such financial rescue led by the owners since 2019. Approximately 45% to 50% of the total €250 million fund is earmarked for strengthening the balance sheet across the current and upcoming seasons, leaving roughly €100 million dedicated directly to squad investment.

Carnevali Outlines January Transfer Priorities

Addressing shareholders during the meeting, General Manager Giovanni Carnevali emphasized the need for a renewed sense of institutional identity and strategic discipline. Carnevali stressed that the club must return to a winning mentality while integrating a stronger domestic flair into its roster structure.

Looking ahead to the upcoming January transfer window, Carnevali promised commitment and seriousness in strengthening the first team under manager Luciano Spalletti, whose position received a brief reprieve following Sunday’s 2-0 Serie A victory over Napoli featuring goals from Kerim Alajbegović and Jérémie Boga. However, the general manager issued a firm caution that Juventus remains legally and financially bound by strict settlement agreements with UEFA, limiting the scope of their market maneuvers as they balance competitive ambition with regulatory compliance.

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