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Juventus reports 199 million euro FY loss

Juventus announced a 199.2 million euro loss for the 12 months ending in June on Friday, indicating that it would break even at the operating level in the current fiscal year, but it still predicted more losses.
The Italian Serie A football team said that its revenue for the 2023ā€“2024 fiscal year dropped by 22% to 395 million euros as a result of its exclusion from European competitions due to accounting irregularities.
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