Juventus' troubles will continue on Tuesday when the shareholders of Italy's biggest football club meet to approve the latest disastrous set of accounts following last month's mass boardroom resignations. Juve's entire board quit as an investigation by prosecutors in Turin into allegations of false accounting and irregularities in the transfer and loans of players led…
Juve are listed on the Italian stock market and in September announced record losses of 254 million euros, a figure revised downwards after losses for 2020/21 were revised upwards from 209 million euros to 226 million euros. However, Juve’s run of nine straight league titles came to an end in 2021 and their performances on the continent plummeted after they spent more than 100 million euros to sign Cristiano Ronaldo from Real Madrid three years before.
A preliminary court hearing next month will decide whether those charged by prosecutors will be defendants in a trial which would provide a troublesome backdrop to the second half of what has already been a complicated season for Juventus.
Source: Loan News Today (loannewstoday.net)
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