Juventus find themselves facing significant financial challenges following two managerial changes in as many years. The recent dismissal of Thiago Motta and his staff has added a substantial burden to the club’s 2024/25 financial statement.
La Gazzetta dello Sport report that the Turin-based club must now allocate funds for Motta’s entire compensation package for the remaining two years of his contract, in addition to paying the final months of the current season. This one-time expense is estimated to be between €14-15 million, including approximately €1 million in gross wages until June.
While this expenditure won’t increase the team’s annual cost unless Juventus hires a manager with a higher salary than Motta’s €3.5 million, it does present a significant financial hurdle. Should Motta secure employment elsewhere, it could potentially lead to a contract resolution that might ease some of the financial burden for Juventus.
Exor, Juventus’ parent company, has mandated financial self-sufficiency following the latest capital increase. To adhere to the timeline for generating profit by 2026/27, losses should not exceed €32 million, eroding no more than one-third of the share capital, which stood at €15 million as of June 30, 2024.
Consequently, Juventus may need to adjust its summer plans, potentially requiring additional transfer market revenues of at least €30 million. Minor operations won’t suffice, especially considering the team’s early exits from both the Champions League and Coppa Italia, which have deprived the club of additional income.
The FIFA Club World Cup offers a potential lifeline, with an extraordinary transfer window scheduled from June 1-10 for participating teams. Paradoxically, Juventus might need to use this opportunity to sell players and reduce financial losses.
The alternative would be for John Elkann, Exor’s CEO, to reconsider opening the purse strings and approving a new capital increase. These are crucial moments of intense deliberation for the club, as weakening the squad too much could jeopardize Champions League qualification, a cornerstone of Juventus’ financial planning.
