JUVE

JUVE INCREASE CAPITAL

Juventus have increased the working capital to 120 million euros to boost Italian football.Not only will Exor put up the EUR72 million representing its 60% stake in the Turin-based club, but it will also underwrite an extra quota of up to EUR9 million, the statement said. The amount is equivalent to the 7.5% stake held by LAFICO. Since LAFICO is an investment vehicle of Libya, its stake is frozen as a result of the international sanctions imposed on the country, which is being ravaged by civil war.

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