Key Takeaways:
- Juventus’s Board of Directors has approved a capital increase worth approximately 100 million euros
- The club plans to issue up to 37.9 million new shares via an accelerated bookbuilding process targeting institutional investors
- Main shareholders Exor and Tether have pledged full support for the operation
Capital Injection Details and Share Placement
Juventus management has announced that the Board of Directors has sanctioned a capital increase valued at around 100 million euros, with the exact figure to be established upon completion of the transaction. The club will place up to 37.9 million new shares on the market, which corresponds to about 10% of its current share capital. These shares are intended for institutional and qualified investors through an accelerated bookbuilding process, as outlined by Calcio e Finanza.
Juventus have approved a new capital increase worth around €100m, issuing 37.9m new shares to strengthen finances, reduce debt and support the club’s 2024–27 strategic plan: with major shareholders Exor and Tether committing to fully back the operation. pic.twitter.com/rVAuUnLnGv
— Football Italia (@footballitalia) November 20, 2025
This approach enables Juventus to quickly allocate shares to large investors without publishing a public prospectus. The placement is focused on investors within Italy, the European Union, the United Kingdom, and selected markets beyond Europe.
| Key Details | Figures / Information |
|---|---|
| Capital Increase Value | 100 million euros |
| New Shares Issued | Up to 37.9 million |
| Share of Capital | Approximately 10% |
| Strategy | Accelerated bookbuilding |
| Main Shareholder (Exor) | 65.4% holding, 78.9% voting rights |
| Minor Shareholder (Tether) | 11.5% holding |
Strategic Rationale Behind the Capital Increase
The capital raised is set to underpin Juventus’s strategic plan for the 2024-2027 period. The primary objectives are to reinforce the club’s financial health, lower overall debt, improve cash flow, and ensure long-term stability amid ongoing sports restructuring. This injection of funds will provide Juventus with greater flexibility as it approaches future transfer windows and seeks to safeguard against potential financial shortfalls.
Shareholder Commitments and Market Confidence
The leading shareholders have pledged their backing for the new capital operation. Exor, the majority stakeholder with a 65.4% holding (which equates to 78.9% of voting rights), has committed full support and will uphold its share to avoid dilution. Minority stakeholder Tether, with an 11.5% interest, has also agreed to subscribe and may absorb any unsold shares following the operation.
This renewed capital base is expected to instil further confidence among investors as Juventus continues to recover and rebuild its position, both financially and competitively.
