Juventus has a loss of €71 million: it is the 3rd consecutive year in deficit

Cristiano Ronaldo's club reveals negative result in its accounts

A Juventus, the most successful club today and where Portuguese operates Cristiano Ronaldo, announced this Friday (11) losses of 71,4 million euros – around R$447 million – in the financial year for the 2019/20 season.

In a note published in the official website, La Vecchia Signora, that has the biggest crowd in Italy, justifies that the negative results are due to the Covid-19 pandemic, which created an unprecedented global crisis and which was reflected in the club's accounts.

Therefore, this is the third consecutive year where the Juventus presents negative results.

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In 2018/19, the Turin club had already shown a deficit in its accounts of 39,9 million euros. As for 2017/18, losses were 19 million.

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