Progress in Juventus finances
There has been substantial progress in restoring the finances of Juventus reports the authoritative Swiss Rambler blog in a detailed analysis.
After a pre-tax loss of €10.9m last year, there was a small pre-tax profit of €0.1m. Admittedly, this then became a large post-tax loss because of a perverse Italian tax which penalises companies with high personnel costs which seems to be a disenctive to employment.