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Juventus sets new record for Serie A as losses top €254m

Juventus players react following the Uefa Champions League defeat to Benfica at Allianz Stadium on September 14, 2022 (by Emilio Andreoli/Getty Images)

Juventus has reported a new record deficit of €254.3m ($246.1m), with the Italian Serie A club posting losses for a fifth consecutive year.

The Turin club’s financial report for the period ending June 30, 2022 comes after losses more than doubled to a previous record high of €209.9m last year, as the club saw Covid-19 badly affect its business model.

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