
Juventus have €20m in debt and €15m in cash in their bank account
Juventus have had €20 million in debt since the end of 2013, while the Bianconeri also have €15 million in cash and €13 million in bonds.
The club’s net debt is €70 million, of which €12 million is in bank loans, while its cash balance is €17 million.
The Juventus president Massimiliano Allegri said the club’s current accounts show it has €50 million in credit available.
He said the money can be used for paying for the purchase of new equipment, and to make payments to the state.
The Bianconero have also been struggling to sell players.
They were also fined €300,000 by UEFA for breaching the league’s financial fair play rules.
The new season begins on Sunday with a match against Lazio in the Champions League.