Juventus said Friday that it made a
loss of 209.9 million euros in the 2020/2021 financial year, up
from 89.7 million last year.
It blamed the COVID-19 pandemic for the poor results.
"The higher loss is mainly due to lower revenues equal to € 92.7
million, as a consequence of both to the effects directly caused
by the pandemic on ticket sales and sales of products, licences
and similar (€ 47.9 million in total), as well as to lower
revenues from players' registration rights (€ 128.8 million),"
the club said in a statement.
"These negative effects were partially offset by higher revenues
from television and radio rights (€ 68.9 million)".
ALL RIGHTS RESERVED © Copyright ANSA