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Serie A Side Juventus Reports Revenue Up $41M To $406M, Debt Also Increases From '13

Serie A side Juventus released its financial report to June with a "marked increase in revenue, but still running at a loss" of €6.7M ($8.6M), according to FOOTBALL ITALIA. Juventus is "to consider this an improvement," as in '12-13 the club ran at a loss of €15.9M. Revenue increased by €32M ($41M) this year to €315.8M ($406M), an 11% improvement, "however the Bianconeri are in debt" to the tune of €206M ($265M) compared to €160.3M in June '13. Some of that is "down to investment in the Continassa construction project, which plans to form a training ground, hotel and Concept store behind the Juventus Stadium" (FOOTBALL ITALIA, 9/23).

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