24 September 2009 - Board of Directors approves the draft Financial Statements at 30 June 2009 and calls the OGM

Turin, 24 September 2009 – The Board of Directors of Juventus Football Club S.p.A. today approved the draft Financial Statements closed at 30 June 2009 which will be submitted to the Ordinary Shareholders' Meeting called for 27 October 2009 (first call) and 28 October (second call).

Highlights
• 2008/2009 financial year closed with a Net Profit of € 6.6 million, against the negative balance of € 20.8 million in the previous financial year;
• Revenues amounted to € 240.4 million, an increase of 18% compared to € 203.7 million at 30 June 2008;
• Operating costs came to a total of € 194.2 million, an increase of 11.3% compared to € 174.5 million in the previous financial year;
• the Operating result was positive for € 13.9 million, against a negative balance of € 10.3 million in the previous financial year, due mainly to participation in the UEFA Champions League (€ 25.2 million) and the absence of the write-down regarding the registration rights of the player Andrade (€ 6.8 million in the 2007/2008 financial year);
• Shareholders’ Equity at 30 June 2009 amounted to € 101.8 million, an increase compared to € 95.4 million at 30 June 2008;
• the Net Financial Position at 30 June 2009 was positive for € 25.6 million, an improvement compared to the positive balance of € 11.3 million at 30 June 2008;
• the Board of Directors voted to call the OGM on 27 October 2009, first call, and to propose that the OGM allocates the net profit for the financial year entirely to reserves.

The press release