Juventus will face more financial problems.
The elimination of Juventus from the Champions League will have a major financial impact, while another major loss is predicted in the 2021/2022 edition worth nearly 200 million euros.
The Old Lady reported a loss of about 210 million euros in the 2020/2021 season, while according to the Italian newspaper, the financial results of the Bianconeri will not be better this time either.
Elimination from Villarreal prevents Juventus from benefiting around 15 million euros from the UEFA award and television rights.
During this season, the Italian club has benefited about 84 million euros from the Champions League, 10 million more than in the 2020/2021 season, when under the leadership of Andrea Pirlos was eliminated in the same phase.
Last night’s result (Wednesday) caused Juventus shares to fall by nine percent this morning.
The report clarifies that Juventus have no liquidity problems after a recent cash injection of € 400m, but the club’s plan to reach the break-even point in the next few seasons will be affected by yesterday’s result. This means that the only way to raise their revenues this season is by selling some of their players.