Italy's Juventus reports record 2020-21 loss on coronavirus hit

Italy's Juventus reports record 2020-21 loss on coronavirus hit

The Star Online - Sport·2021-09-18 08:01

MILAN (Reuters) - Net loss at Juventus more than doubled in its 2020-21 financial year to 209.9 million euros ($247 million), its highest on record, as revenue plummeted due to closed-door matches amid the coronavirus crisis, the soccer club said.

In a statement on Friday, Italy's Juventus added it would finish the 2021-22 financial year, which will still be heavily affected by the pandemic, with a "significant loss".

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