Juventus Set For Profit in 1999-2000
MILAN, May 25 (Reuters)(DS) - Italian Serie A soccer club
Juventus should raise revenue in the 1999-2000 year to 230
billion lire ($107 million) from 173.3 billion and turn in a
profit, the controlling Agnelli family said on Thursday.
But Umberto Agnelli, chairman of the Agnelli family holding
Ifil , told reporters on the sidelines of an analysts '
meeting it would not be seeking a swift stock market listing.
"First of all we're seeking to give the club a wider asset
base so that it is not exclusively dependent on match results,"
Italian news agency ANSA quoted Angelli as saying.
"We're trying to buy the (Turin's Delle Alpi) stadium
and...the possibility of having a certain amount of space around
it for services and training grounds," Agnelli said.
Juventus ended the season one point behind champions Lazio
, the fist Italian soccer club to be quoted on the stock
market. City rivals AS Roma joined Lazio on the bourse
this week.
