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Il Giornale announces: Juventus is for sale

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According to Il Giornale, it seems that the Agnelli family has made the decision to put Juventus up for sale, and is already making preparations to say goodbye to the club.

This separation, however, will certainly not be a quick and painless process, but will represent the end of an era that has been characterized by a series of extraordinary victories.

The Milanese newspaper, signed by Tony Damascelli and Osvaldo De Paolini, explains that "Juventus is currently in an obvious crisis, involved in legal issues, with the former president (Andrea Agnelli) who has moved to Holland and the club on the brink of financial collapse. The balance sheet is devastated by losses and debts, and the family itself is trying to clean up the accounting situation before putting the club on the market".

The main objective now is to find a buyer who can facilitate the transfer of ownership and ensure the financial stability needed to bring Juventus into a new era. In the article in Il Giornale, the hypothesis of a sale seems to become increasingly likely.

The current financial situation, with losses of 240 million, revenues of less than 600 million, high debts and a stock market valuation of 800 million, would require a significant financial rebalancing to put the club on the market at a value of 1,5 billion. This is a task defined as "not easy, but no longer impossible".

But Exor denies the “unfounded” news

But a spokesperson for Exor, the Agnelli family holding company that controls the black and white club, categorically denied the news: "The hypotheses floated by a newspaper about the sale of Juventus are completely unfounded."


Article published on 11 September 2023 - 08:10


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