Juventus are under investigation by UEFA for potential breaches of its financial regulations covering the last two seasons.
The Italian club confirmed that it was formally notified by European football’s governing body last month, with a verdict expected in spring 2026.
The probe centres on UEFA’s ‘football earnings rule’, which limits clubs to €60 million (£52 million) losses over a three-year cycle.
That limit can rise by up to €10m per year – to a maximum of €90m – if clubs meet specific conditions that demonstrate sound financial health.
These include maintaining positive equity, a sustainable debt ratio, sufficient liquidity to cover short-term liabilities and proof that the club is a viable going concern.
Juventus acknowledged the investigation in a statement to shareholders ahead of their annual general meeting scheduled for November 7.
The club said the outcome could result in a financial penalty or sporting sanctions such as restrictions on registering new players for UEFA competitions.
However, the statement described any possible fine as ‘presumably insignificant’ and insisted that all overdue payment obligations had been met.
Juventus added that the final decision would take into account the club’s financial forecasts for the current and future seasons.
The development follows a turbulent financial period for the club. They were banned from European competitions for a year and fined €20 million in 2023 for breaches of club licensing and financial rules.
UEFA introduced the football earnings rule in 2022 as part of a broader ‘squad cost rule’ reform, which limits clubs’ spending on player wages and transfers as a proportion of their revenues.
The spending cap has been gradually reduced, dropping from 90 percent of revenue in 2022-23 to 70% this season. Juventus reported a loss of €58m for the financial year ending June 2025.
The investigation also coincides with changes at board level, as chief executive officer Maurizio Scanavino is set to step down on November 7 after three years in the role.
Another breach could deal a further blow to Juventus’s efforts to rebuild financial and sporting credibility after several years of off-field controversy.
