Juventus’ new Financial Statement breaks Serie A Record.

Officially, Juventus has revealed that they suffered a whopping € loss, which is a new record for any side in the history of Serie A competition.

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On Friday, the board of directors met to address a variety of topics and make an announcement on their annual financial report.

The Italian Serie A team Juventus has announced a new historic deficit of €254m, which means the organisation has posted losses for the fifth year in a row.

As a result of the negative impact that Covid-19 had on the Turin club’s economic model, the club’s losses beat the previous record high, which is shown in the club’s accounting records for the period ending June 30, 2022.

Juve has not had much to cheer about on the field so far this year, and now the full depth of their off-field losses can be seen by everyone.