Juventus confirmed this Thursday some losses of $ 137 million dollars in the semester alone between July 1 and 31 December 2020 , an amount significantly higher than the $ 60 million registered dollars in the same period of the previous year.
The Turin club suffered a reduction in its net worth of $ 290 million dollars on 30 June 2020 to $ 151 million dollars , as read in the official statement.
The increase in losses is due to lower income, a drop in profits generated by the rights to footballers and the COVID pandemic – 19 in terms of “tickets for matches and sales of products. ”
📉Juventus has reported losses of 113, € 7 million in the first half of the season 2020 / 21.
Income was 151, € 3MM, compared to 322, 3MM € of the 19 / 20.
Juventus reported that the impact of the continuation of the pandemic is estimated at 50 € MM. pic.twitter.com/bwRV5Rdv30
– La Voz del Calcio (@LaVozdelCalcio) February 21, 2021
Said losses, Juventus highlights, have been partially offset by an increase in the income generated by the television rights . In addition, the most winning club in Italy registered, despite the crisis generated by the coronavirus, an increase of one 60% of their income from online sales.
In total, according to Juventus estimates, the total impact of the coronavirus pandemic on their accounts in the last semester has been around $ 60 million dollars .
“In this situation, it is expected that, contrary to the previous year, it is completely conditioned by the effects of the pandemic, t in losses, also by the notable impact of the closure of the stadium and of the other precautionary measures imposed by the authorities, that penalize tickets for matches and the sale of products, ”Juventus acknowledged in its official statement.
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