Juventus reveal stock exchange plan
Tuesday, November 27, 2001
Article summary
Juventus FC plan to list on the Milan stock exchange in December, according to Ifi, the holding company of the Agnelli family which owns 99.6 per cent of the club.
Article body
Juventus FC plan to list on the Milan stock exchange in December, according to Ifi, the holding company of the Agnelli family which owns 99.6 per cent of the club.
'Strong market'
"In light of the strong market expectations, Ifi confirms the plan to quote Juventus Football Club during December, depending on the authorisation of (market regulator) Consob and the Bourse and the market trend," Ifi said in a brief statement on Tuesday.
Rome clubs already listed
The Turin club, who are sixth in Serie A and through to the second group stage of the UEFA Champions League, would join Rome-based rivals AS Roma and S.S. Lazio on the Milan exhange.
Club value
A financial source predicted Juventus would make their debut on the stock exchange on 20 December, the day after a Serie A match with AC Fiorentina. The source also suggested the Italian club would be valued between €430m and €630m.