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EXOR deny Juventus sale reports

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Exor, the Agnelli holding company which owns 64% of Juventus, have denied reports that they are interested in selling the club. Reports circulated last year that suggested Juve could be put on the market after 100 years of Agnelli ownership, and a further report from an Italian newspaper this morning makes similar claims.

According to Il Giornale, the clubs recent crisis involving judicial problems relating to the ‘plusvalanza’ and ‘salary maneuver’ cases has made the situation untenable for the Agnelli’s

The newspaper claims that the club has a ‘devastated’ balance sheet and the Agenlli family are keen to find a buyer having made a €1.5 billion valuation of Juventus, making the sale ‘increasingly likely’.

Exor have now issued a statement via ANSA, saying: “The hypotheses shared by a newspaper on the sale of Juventus are devoid of any foundation.”

The Bianconeri have been in a difficult situation following a series of court cases related to alleged irregularities off the pitch, but have reached settlements with both the league and UEFA in order to put their troubles behind them and focus their efforts on the pitch.

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