Juventus out of Europe? Shares on the Stock Exchange lose 6%, to a minimum in a month – Corriere.it

UEFA (European Union of European Football Associations), football’s governing body in Europe, could decide to exclude Juventus from European cups for a year, as a possible sanction in the capital gains investigation, and even just l hypothesis weighs on the company’s stock on the Stock Exchange (here the trend in real time), where at 2 pm it yields around 6% with the shares trading at 0.31 euro (at its lowest since the end of March).

Stop the European competitions

According to what was reported by the Gazzetta dello Sport, if the investigation times were to lengthen and the Italian sports justice should not pronounce itself by the end of July, an independent decision could come from Nyon – the headquarters of UEFA, which has opened a parallel investigation not excluded that it is a stop of the Juventus club from European competitions for the year 2023-2024, even if they win the Europa League this season. The rush in timing depends on the fact that the organization is already working on the list of teams expected from the preliminaries, playoffs and summer draws and there are not many weeks left to complete it.

Maximum time: August

The Coni guarantee board (Italian National Olympic Committee) canceled the 15-point penalty in the Serie A championship, so Juventus currently occupies third place in the standings, therefore in the Champions League area, not only the most important cup in Europe but which also has a decisive weight on the financial statements of the companies right from qualification. The next verdict will come from the Court of Appeal of the Figc (Italian Football Federation) and it is unlikely that it will arrive around June 10th, date set for the Champions League final and deadline by which UEFA should close the lists for next season. The European body could grant Juventus another couple of months, but not beyond, as the Conference playoffs in the Europa League are scheduled for 24 and 31 August and an Italian team will have to participate. All these unknowns weigh on the fate of the club and are leading investors to penalize the stock in Piazza Affari.