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Juventus announced a loss of €89.7m

The annual Shareholders’ Meeting was conducted, after which Juventus announced a loss of €89.7m in 2019-20.

In order to “minimize the risks associated with the current health emergency,” revealing a separate shareholder meeting in 2020 without physical involvement the Old Lady issued a statement.

In the financial year ended June 30, 2020, Bianconeri announced a loss of €89.7m, of which €39.9m came from the previous year.

“The ordinary Shareholders’ Meeting of Juventus Football Club SpA met in Turin today,” a statement read.

“In order to minimize the risks associated with the ongoing health emergency linked to the spread of COVID-19, the participation of those entitled to vote in the Shareholders’ Meeting took place exclusively through the designated representative, without physical participation by the shareholders.”

“The Shareholders’ Meeting approved the financial statements on June 30, 2020, which closed with a loss of €89.7m (among which €39.9m refer to the 2018-19 financial year).”

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