© Reuters
"Juventus" club has had very difficult financial years recently. The Turin club announced how much they have lost in recent years. Although the club managed to qualify for the Champions League again, the recorded loss is very large. The financial year loss for "Juventus" club is 254.3 million euros (226.79 million pounds), as reported in the press release.
Juventus posted their financial results to 30 June 2022. Just a loss of €254.3m (£226.79m). - Simon Stone (@sistoney67) September 24, 2022
Financial years in football start on June 30 and end on June 30 of the following year. At the moment, there is a dilemma in the club regarding the future of head coach Massimiliano Allegri. The coach's contract is valid until 2025, so severance pay would have to be very high to dismiss the coach. The results for "Juventus" at the beginning of the season are really poor - 0 points in 2 Champions League matches, and only 1 victory in the last 6 Serie A matches.
Juventus' net losses since the 2010/11 season. The Bianconeri have now racked up a record net loss in Serie A (via @Gazzetta_it). pic.twitter.com/cNPxC8OIi0 - Get Italian Football News (@_GIFN) September 24, 2022
