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SBD Global/September 26, 2013/Finance

Serie A Club Juventus' Revenue Grows By 38.2%, Loss Decreases By More Than €30M

Serie A side Juventus "increased revenue" by 32.8% in the last financial year, but "still recorded a loss" of €15.9M, according to FOOTBALL ITALIA. Although it closed with a loss of €15.9M, this "was significantly less" than the €48.6M of the previous financial year. Much of that was helped by a 32.8% increase in revenues, which climbed to €70M, of which €65.3M "were down to television and radio rights for the Champions League." There "was also an increase in operating costs" of €20.8M, 10% more than the financial year '11-12. The total Juventus debt as of June 30 stood at €160.3M (FOOTBALL ITALIA, 9/24).
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