Skip to main content

Champions League helps Juventus post profit

Juventus, set for a place in the last eight of the Champions League, made a profit of 11.3 million euros in the six months to the end of December, having lost 34.6 million euros in the same period a year earlier.

Juventus have been revitalised by a move into their own new stadium. That is a rarity in Italy where big clubs often play in shared grounds owned by local authorities, limiting their ability to build money-spinning corporate boxes.

The club expects to make a loss for the 2012/13 season as a whole but it would be significantly less than last year's figure of almost 50 million euros.

Top European clubs are under pressure to get their finances in order to comply with UEFA's new Financial Fair Play rules that could lead to teams being barred from European competition if the make excessive losses.

Juventus are top of the Italian league by six points ahead of Friday's match at second-placed Napoli.