Juventus Reports €17 Million Profit After Champions League Return

Juventus recorded a €17 million ($18 million) profit in the first half of its fiscal year, rebounding from a €95 million loss a year earlier. Revenue rose 29% to €224 million, with €69 million generated from Champions League rights and ticket sales. Despite this, Juventus expects a full-year net loss but aims for profitability by 2026-27.

For the first half of its fiscal year, Juventus reported a profit of 17 million euros ($18 million), marking a significant turnaround from the 95 million euro loss recorded in the same period last year. This recovery was driven by the club’s return to the UEFA Champions League, which generated 69 million euros in revenue from broadcasting rights and ticket sales.

Between July and December, Juventus' operating revenue increased by 29% to 224 million euros. However, the club does not anticipate a full-year net profit despite improvements at the operational level. The expiration of its front jersey sponsorship deal with Jeep, which has yet to be replaced, has also impacted financial projections.

Juventus, historically dominant in Italian football until 2020, faced a major setback due to an accounting scandal related to player trading and salary payments. This led to a ban from European competitions in the 2023/24 season. Over the past six years, the club has raised around 900 million euros in capital from its shareholders.

Controlled by the Agnelli family for a century, Juventus aims to achieve full-year net profitability by the 2026-2027 financial year, marking a decade since its last annual net profit.