Juventus approve new capital increase: what it means for the club

Juventus have confirmed that the Board of Directors has approved a new capital increase worth around €100 million, although the final figure will only be known when the operation formally closes.

The club will issue up to 37.9 million new shares, equal to about 10% of current shares, and sell them directly to institutional and qualified investors through an accelerated bookbuilding process, with reports via Calcio e Finanza.

This means the shares will be placed quickly on the market without a public prospectus, targeting major investors in Italy, the EU, the UK and selected markets outside Europe.

The capital increase is designed to support Juventus’ 2024-27 Strategic Plan, strengthening the club’s finances, reducing debt, improving liquidity, and giving the club more stability while it continues its sporting rebuild.

Major shareholders have already committed to back the operation. Exor, which owns 65.4% of the club (78.9% voting rights), has guaranteed full support and will ensure its stake is not diluted. Minority shareholder Tether, holding 11.5%, has also agreed to participate and may even subscribe to any shares left unallocated.

In practical terms, the injection of fresh capital gives Juventus more financial breathing room, helps protect the club against future losses, and stabilises its position ahead of upcoming transfer windows. It also strengthens the club’s credibility with investors as it continues rebuilding on and off the pitch.