TheBoard of Directors of Juventus approved the mid - term development planpresented by the managing director Jean-Claude Blanc.
To financethis plan, the Board of Directors decided a capital increase of morethan 100 million euros. During the meeting, the majority shareholderIFIL garanteed to underwrite the increase of its share (which is 60% ofthe capital). Tha Board of Directors asked the chairman and themanaging director to convene a meeting of shareholders by the month ofApril, during which the financial dealing will be decided.
Thedecision of the Board represents an essential moment in the futuredeveloplment and enhancement of Juventus, creating the conditions toface the next future with serenity, and to build a prompt competitiveteam. The capital increase and the aims of the development plan will bepresented during a press conference held by chairman Cobolli Gigli andthe managing director Blanc, live on Juventus Channel.