September 20, 2019 / 5:42 PM / a month ago

Juventus aim to raise 300 mln euros via capital hike

MILAN, Sept 20 (Reuters) - Italian soccer club Juventus aim to raise up to 300 million euros through a capital increase after posting a 39.9 million euro loss in the financial year ended in June, the club said on Friday.

Juventus, which won Serie A championship for the last eight seasons, last year paid 100 million euros to Spain's Real Madrid to engage Portuguese striker Cristiano Ronaldo.

Shareholders will vote on the rights issue in a meeting scheduled on Oct. 24.

Top shareholder Exor, the holding of the Agnelli family, is committed to buy into the capital increase pro-quota, Juventus said in a statement.

The Italian soccer club signed a pre-underwriting agreement with BNP Paribas, Goldman Sachs International, Mediobanca and UniCredit CIB which act as joint global coordinators and joint bookrunners for the capital hike.

Juventus expect to post a loss in 2019/2020 financial year. ($1 = 0.9082 euros) (Reporting by Gianluca Semeraro; editing by Francesca Landini)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below