Juventus shareholders approve 2022-23 budget and capital increase 

The annual Juventus shareholders’ assembly has concluded with traders voting to approve each the 2022-23 price range and the anticipated share capital enhance of €200m. 

Membership President Gianluca Ferrero chaired the assembly for the primary time since taking up the position from Andrea Agnelli in January. 

99.67% of Juventus shareholders voted in favour of approving the 2022-23 price range, whereas 99.99% voted in favour of the capital enhance. 

The €200m capital enhance can be carried out by the top of December 2024 on the newest. 

Juventus’ board of administrators accredited the draft price range for the 2022-23 season on October 6, however this was solely made official with approval from the shareholders. 

The price range reported losses of €123.7m, which is a discount in working loss in comparison with the earlier seasons. Losses for 2021-22 had stood at round €239m. 

Earlier within the day on Thursday, Ferrero additionally addressed the shareholders, discussing various matters together with the factors deduction in 2022-23, the failed European Tremendous League venture and the bans handed to Bianconeri midfielders Paul Pogba and Nicolo Fagioli.