Soccer: Juventus posts loss of 209.9 mn euros

Up from 89.7 mn last year, club blames COVID-19

(ANSA) - ROME, SEP 17 - Juventus said Friday that it made a loss of 209.9 million euros in the 2020/2021 financial year, up from 89.7 million last year.
    It blamed the COVID-19 pandemic for the poor results.
    "The higher loss is mainly due to lower revenues equal to € 92.7 million, as a consequence of both to the effects directly caused by the pandemic on ticket sales and sales of products, licences and similar (€ 47.9 million in total), as well as to lower revenues from players' registration rights (€ 128.8 million)," the club said in a statement.
    "These negative effects were partially offset by higher revenues from television and radio rights (€ 68.9 million)". (ANSA).


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