Juventus are preparing another financial rescue operation after posting a €66 million loss for 2025-26, with the cost of missing the Champions League expected to deepen the pressure in Turin.
The club’s board has approved a €250 million share issue, intended to reinforce Juventus’s financial base against sporting uncertainty and the impact of transfer-market activity. It will be the fifth capital increase since 2019.
Quick facts
- Juventus reported a €66 million loss for the 2025-26 season.
- The board has authorised a €250 million capital increase.
- Exor, the Agnelli family holding company, will provide €60 million immediately.
- Juventus have raised €1.2 billion through five share issues since 2019.
- The club spent €164 million in the summer window and brought in €26 million from sales.
Juventus warned that the outlook could worsen during the 2026-27 financial year. Without Champions League football this season, the club expects further losses as it faces reduced sporting income.
Exor, controlled by the Agnelli family, has committed an immediate €60 million contribution as part of the proposed operation. The wider plan is designed as a safeguard against risks connected to results on the pitch and the financial consequences of player trading.
The latest move underlines how familiar recapitalisation has become at Juventus. Since 2019, the Turin club’s five capital increases will have totalled €1.2 billion once the new €250 million plan is completed.
There has been no shortage of spending despite the financial strain. Juventus committed €164 million during the summer market, a figure that includes the payment for Loïs Openda after his previous loan from RB Leipzig carried an obligation to buy.
Player sales generated only €26 million over the same period. On the field, Juventus sit seventh in Serie A after five matches, leaving their early-season position to carry an added financial weight.
