Home » Sport » Exor: “Significant loss for Juve also in 2021/22. Recovery expected in 2023”

Exor: “Significant loss for Juve also in 2021/22. Recovery expected in 2023”

Exor, Juventus’ majority shareholder, in the half-year published today showed what are the expectations for the next season: “Currently, for the 2021/2022 financial year, which is still seriously affected by the direct and indirect effects of the pandemic, a significant loss is expected. Assuming a substantial return to normality of the general economic context by the second half of 2022, and thanks to the actions taken in the last year to rationalize costs and recover revenues that are effective in the medium term , Juventus ‘operating result and cash flow are expected in Juventus’ cash flow are expected to improve starting from the 2022/2023 financial year “.

In 2020/21 the expectation is a budget red of 190 million, due to the pandemic, which led to the closure of the stadiums for the whole of 2020/21, and from the path in the Champions League, where Juventus stopped at round of 16. To bring it back is calcioefinanza.it.

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