Juventus, the Italian soccer club, suffered a record financial loss of 254 million euros ($246 million) during the financial year ending on June 30, with revenues declining and costs rising in the first season in which the Turin club did not achieve. No titles for an entire decade.
And Juventus added - in a statement issued late yesterday, Friday - that the losses will also continue until the end of the 2022-2023 financial year, in light of the continuing effects of the Corona pandemic.
Juventus - who currently ranks eighth among the Italian first league teams - said that it collected 23 million euros in ticket sales during the 2022-2023 season, which is a slightly lower amount compared to ticket sales in the seasons before the outbreak of the pandemic.
The total financial debt owed by Juventus - owned by the Agnelli family - on June 30 was about 153 million euros, down from 389 million euros the previous year.
And during the current season, Juventus won only twice in the first 7 rounds of the Italian League so far, and also lost in its first two rounds in the Champions League.