Business
Juventus Announces €100 Million Capital Increase to Boost Finances
TURIN, Italy – November 20, 2025 – Juventus has confirmed its Board of Directors has approved a capital increase of approximately €100 million. The final figure will be known once the operation closes.
The club plans to issue up to 37.9 million new shares, which is about 10% of its current shares. These shares will be sold directly to institutional and qualified investors through a process called accelerated bookbuilding.
This rapid placement will occur without a public prospectus, targeting major investors in Italy, the EU, the UK, and selected markets beyond Europe.
The capital increase is part of Juventus’ 2024-27 Strategic Plan. It aims to strengthen the club’s finances, reduce debt, improve liquidity, and provide stability while the club undergoes a sporting rebuild.
Major shareholders have already pledged their support for the initiative. Exor, which owns 65.4% of Juventus (with 78.9% voting rights), has guaranteed it will not dilute its stake. Additionally, minority shareholder Tether, holding 11.5%, has agreed to take part and may subscribe to any shares not allocated.
This fresh capital will enhance financial flexibility, protect the club against future losses, and stabilize Juventus’ position ahead of upcoming transfer windows. It also aims to bolster the club’s credibility with investors as it continues to rebuild both on and off the pitch.
