Following Juventus’ Board of Directors approval of the Financial Statements relative to the 2012-13 season, Banca IMI has submitted a report to the Borsa Italiana website confirming the health of Juventus’ finances for the next three years.
The report forecasts slight losses in 2013-14 and 2014-15 of €12.6M and €10.6M respectively, which would allow Juventus to remain within UEFA’s Financial Fair Play parameters.
Banca IMI estimates include revenues of €275M for the current season and next growing to €290M in 2015-16. The main driving force behind this a marked increase in revenues from the recently inked agreement with Adidas, who will be the bianconeri’s technical sponsor as of 2015-16. Juventus will see revenues from their technical sponsor jump from €15M to as high as €30M (which varies due to bonuses).
The report confirms, as was hinted earlier from Juventus brass, the club’s financial health allows for progress on the domestic and European scene.