Like it or not, the worlds of professional football and business are intertwined these days, especially for a publicly traded club.
Unfortunately for Juventus, their recent legal troubles have alerted their shareholders who seem desperate to sell their shares and invest their money in greener pastures.
As we all know by now, the Bianconeri are falling on hard times, to say the least, with the entire board of directors resigning last week amid investigations and financial issues.
According to Calciomercato, Juventus have suffered heavy losses on the stock market, with the club’s share hitting a six-year low.
Although it appears to be a positive day overall in Milan’s Piazza Affari, Juventus are still a different case, with their participation down 3.7% after the opener.
This is also affecting the club’s overall valuation, which has now been reduced to €623m.
Juve FC says
When it comes to the stock market, the value of the shares only reflects the status quo of the company, or at least how it is perceived publicly.
Therefore, Juventus will be able to bounce back once they manage to sort out their legal and financial problems, even if this prospect remains easier said than done.
