ICS and Juve agree loan

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.

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.