Juventus celebrates a capital increase of 400 million euros

Juventus signed a pre-insurance contract with four major international banks for a capital increase of 400 million euros, which will most likely take place before the end of 2021, the Turin club reported this Friday in a statement. Likewise, the Piedmont team announced that Exor, the Agnelli family's main shareholder of the club, agreed to subscribe to the portion of the capital increase that belongs to it, that is, a total of 63.8%.

"Following what was communicated on June 30, 2021, Juventus Football Club communicates that, in the context of the proposed asset strengthening operation through a capital increase up to a maximum of 400 million euros, 'Goldman Sachs International', ' JP Morgan AG, Mediobanca - Banca di Credito Finanziario S.p.A. ’and‘ UniCredit Corporate & Investment Banking ’will act as‘ joint global coordinators and joint bookrunners”, says the note.

In December 2019, Juventus closed another capital increase of 292.5 million euros within the scope of an economic plan for the 2019-2024 five-year period that should allow the club to continue growing at a sporting level and in strengthening its brand. To this expansion was added another closed in February 2019 for a total of 175 million euros.

In recent years, Juventus has worked intensely to enlarge its entity both at the sporting level, with millionaire signings such as the Portuguese Cristiano Ronaldo, who paid 112 million euros to Real Madrid in 2018, as well as at an economic and international level. In 2011 he inaugurated his owned stadium, the Allianz Stadium, built a new sports city a few steps from his coliseum, in Continassa, where J Medical, the club-owned medical clinic, is also located.