The bianconeri are unable to set the price at the start of negotiations due to a theoretical drop of 11.2% in value
The first repercussion of the 15-point penalty decided last Friday by the Federal Court of Appeal also arrives on the stock exchange: Juventus is unable to make a price on the stock exchange at the start of the negotiation, for a theoretical drop of 11.2% of the share at the moment of the opening at the beginning of the week. Trading started around 9.30 with an initial loss of 9.63% at 0.29 euro, then dropped to 8% and stabilized within about ten minutes at around 7.33% at 0.3046 euro. At 11 am the stock had reduced its losses, halving them compared to the initial lows, reaching -5.2% at 0.311 euro.
After the sentence
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This is the first check on the markets after the sanction arrived at Juventus by the FIGC justice bodies, arrived from the sports justice but for reasons strictly connected to the budgets: those of the past, because the conviction follows the dispute on the pollution of the accounts for capital gains on the buying and selling of players, considered fictitious by the prosecution, and for future financial statements, given the repercussions on future revenues which are looming in the light of a lower ranking than the one Juventus aspires to.
January 23, 2023 (change January 23, 2023 | 11:59 am)
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