Giovanni Carnevali stabilizes Juventus finances despite rising wage costs

Yahoo Sports1 min read • Latest: Sep 10, 2026, 10:15 AM

Last updated Sep 10, 2026

Giovanni Carnevali stabilizes Juventus finances despite rising wage costs
Summary

Giovanni Carnevali has restructured the Juventus squad since taking over as chief executive from Damien Comolli. The club completed a comprehensive squad overhaul that included the departures of Dušan Vlahović, Jonathan David, and Loïs Openda to facilitate the arrivals of Randal Kolo Muani, Guglielmo Vicario, and Jhon Lucumí. While these moves kept the team within UEFA Settlement Agreement boundaries, total wage and amortisation costs increased by 18.92 percent. University of Turin professor Fabrizio Bava noted that the financial impact of signing Kolo Muani largely negated the savings from player exits. Juventus faces a critical path to meet break-even requirements by 2028. To balance the books before the June 30, 2027 deadline, the club remains under pressure to secure at least one further major player sale.

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By the Numbers
  • Giovanni Carnevali oversaw a squad overhaul while adhering to UEFA Settlement Agreement limits.
  • Wage and amortisation costs rose by approximately 15 million euros despite major player departures.
  • Professor Fabrizio Bava indicated the club may struggle to reach break-even status by 2028.
  • Financial stability may require the sale of assets such as Yildiz, Alajbegović, or Bremer.
  • Carnevali faces a June 30, 2027 deadline to balance the club books.
Latest Updates
  • 10:15 AMYahoo SportsCarnevali responsible as Juventus finances show improvement
What they're saying
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Since succeeding Damien Comolli as Juventus chief executive, Giovanni Carnevali has stabilized the club’s delicate financial standing while reshaping Luciano Spalletti’s squad.Carnevali oversaw a ...

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