After a very complicated 2022-2023 season after suffering the loss of points that left them without playing international competitions, The Agnelli family that owns Juventus had to clear up doubts through a statement because the Italian press reported a possible sale of the institution.
The Italian newspaper Il Giornale published that the Agnelli family is considering selling the club because the economic situation became complicated, since losses of more than $250 million dollars and income of less than $600 million dollars and debts that exceed a value are estimated. of $800 million dollars.
Juventus suffered a harsh sanction by being excluded from UEFA competitions for the 2023/24 season due to a 10-point deduction for the case called “Plusvalía” in which alleged false accounting practices were carried out.
Tax fraud and capital gains, with fictitious capital gains in 2019-2020-2021 financial statements, are the reasons for said punishment. This fictitious capital allowed the club to “reduce losses.”
They denied the rumors
“The hypotheses spread by a newspaper about the sale of Juventus are unfounded”said the spokesperson, in response to a newspaper article titled: “Juventus is for sale.”
The note highlights that the “most successful club in Italy could change ownership for the first time in its history. Juventus’ objective would be to find a buyer who can facilitate the transfer of ownership to guarantee economic continuity.“.
Speculation has arisen in the past that the Agnelli family might sell Juventus, and in May a spokesperson for the family told Reuters that their commitment to the club “remains unchanged.”
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