Juventus have announced plans for a capital increase of up to €250m, with majority shareholder Exor providing €60m immediately as an advance on its future contribution.
The club’s board will ask shareholders at a meeting on 3 November to approve the proposal under Article 2443 of the Italian Civil Code. That would give the board authority to raise the paid-in share capital, in one or more stages, up to the €250m limit, including any share premium.
Subject to market conditions, Juventus expect to use the mandate either in full or in part by the end of 2026. The operation would take the form of a rights issue offered to existing shareholders.
Exor, which owns 65.4% of Juventus, has confirmed its support for the plan and said it is prepared to ensure the operation is fully covered. It will subscribe to its own allocation on a pro-rata basis and has also agreed to underwrite shares not taken up by other shareholders or third parties.
At Juventus’ request, Exor has made an immediate €60m payment towards the proposed increase. The club said the advance would strengthen its equity position while the wider process is under way, and that it will count towards Exor’s own share of the eventual increase.
Juventus said the additional capital was required to support the club’s sporting competitiveness, consider possible investment in strategic real estate and develop its brand. The Allianz Stadium was identified as the principal property involved.
The funds would also help Juventus meet the financial requirements set by UEFA and FIGC. The club estimates that the needs arising during the current financial year and the following one will amount to between 45% and 50% of the maximum €250m mandate.
The proposal comes as Juventus’ consolidated equity has fallen to €11.5m. That figure was recorded on 30 June 2026, compared with €13.2m previously.
The club also completed a separate €97.8m capital increase in November 2025. The latest plan would therefore provide a further potential injection of funds, although the mandate may be exercised in stages and does not necessarily mean the full €250m will be raised immediately.
Shareholders will decide whether to grant the board the requested authority at the November meeting. Exor’s commitment means the club’s largest investor has indicated it will support the operation up to full coverage, including any part not subscribed by other investors.