Juve, the effect on the Stock Exchange after the Coni sentence: gain at the start

The club’s title was in the spotlight awaiting the market’s response to the decision to cancel the penalty in the standings in view of a new judgment by the Federal Court of Appeals

Juventus’ stock on the Stock Exchange was announced in the spotlight, after the Coni Guarantee Board ordered a new judgment to the Federal Court of Appeal on the capital gains trend, canceling the previous penalty of 15 points in the standings in the meantime. And the opening has lived up to expectations: Juventus shares on the Milan Stock Exchange were already up 1.11% shortly after the start of trading, to 0.365 euros per share, on the day following the Coni ruling.

The press release

Yesterday evening the club’s press release to the markets with which Juventus accounted for the decision of the Guarantee Board to proceed with a new pronouncement by the second degree of sports justice “so that, in a different composition, it renews its evaluation, in particular, with regard to the determination of the causal contribution of the individual directors, providing adequate reasons and drawing any consequences also with regard to the sanction imposed on the company Juventus FCSpA”.

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