Juventus
    Juventus
      11.04.2016 14:00 - in: Financial statements S

      ICS and Juve agree loan

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      ICS and Juventus agree on a loan to cover the reconstruction of Juventus Stadium’s East Stand

      The Institute for Sport Financing (known in Italian as the Istituto per il Credito Sportivo or ICS) and Juventus have today agreed on a loan of 10 million euros with a duration of ten years as cover for the investments undertaken by the club in restructuring Juventus Stadium’s East Stand due to the opening of J-Medical as of 23 March 2016 and recent work on expanding J-Museum.

      Juventus CFO Aldo Mazzia and ICS special commissioner Paolo D'Alessio.

      The loan also covers the share of the investment relating to Juventus’ acquisition of land for the construction of a new Juventus Training & Media Center and a new Head Office as implemented by the J-Village Property Fund.

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