Juventus grow revenue and debt

Juventus increased revenue by 32.8 per cent in the last financial year, but still recorded a loss of €15.9m.

The club held its Board of Directors meeting today and approved the draft financial statements for the financial year endind June 30 2013.

Although it closed with a loss of €15.9m, this was significantly less than the €48.6m of the previous financial year.

Much of that was helped by a 32.8 per cent increase in revenues, which climbed to €70m, of which €65.3m were down to television and radio rights for the Champions League.

There was also an increase in operating costs of €20.8m, 10 per cent more than the financial year 2011-12.

The total Juventus debt as of June 30 2013 stood at €160.3m.

This statement also confirmed the Bianconeri saved €1.9m in wages by terminating Lucio’s contract in December 2012.

The 2012-13 season ticket campaign made a net revenue of €19.8m, an increase of 30.3 per cent.

so if we have same or similar run as his year we will be in + next year maybe ... nice

I can only imagine how much debt we incurred after calciopoli. I think this has been a pretty amazing turnaround.

That's a great improvement + 30M.
Like Devi said next season we will have a positive revenue.But if Juve is still on negative this season what about other Serie A teams?Anybody knows Milan or Inter balance?

Very interesting question albanian guy. I imagine that Juve are currently the best team in terms of economics in Italy. Am I correct? Please guys if you can find anything about other clubs, post it heree.