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Juventus announce record profits

Juventus have announced record revenue for the last financial year.

Juve produced revenues of €387.9m in the financial year that ended on June 30 2016, plus €4.1m in operating profit – €1.8m higher than the previous period.

“The financial year 2015/2016 confirmed the improving trend seen in recent years; for the second consecutive year, the management closed with a balance-sheet profit," read a summary on the Bianconeri's official website.

“The board of directors has approved the draft budget for the financial year that ended 30 June 2016, which showed a profit of €4.1m and will be allocated to [the club's] reserves.

“The Ordinary Shareholders' Assembly will be held on October 25 2016 at 10:00 [CET], in a single meeting at Juventus Stadium."

Carlos Volcano
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Carlos Volcano

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