Italian soccer club Juventus will raise EUR190million (USD167m) through an initial public offering (IPO) of the club on December 20.
As many as 44.5m shares have already gone on sale at between EUR3.50 and EUR 4.20 each.
The IPO is expected to reduce the club's EUR100m (USD89.2m) of debt and help finance the development of a new training area and entertainment complex outside Turin.
According to a report, IFI, the holding company of the Agnelli family, which owns Juventus, plans to float 35 percent of the club before the new year.
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