TURIN, Italy: Juventus reported a loss of 210 million euros ($250 million) for the 2020-21 financial year on Friday, attributed mainly to the pandemic’s effect on the transfer market and ticket sales.
Revenue from player registration rights (transfer market) dropped 129 million euros (more than $150 million) from 2019-20, while ticket sales fell more than 41 million euros ($48 million) from the year before.
While the drops were offset in part by a rise in TV rights income, overall losses were still more than twice as much as in 2019-20.
Meanwhile, Juventus said it was still clinging to the European Super League project promoted by club president Andrea Agnelli, despite the quick collapse of the plan unveiled in April when nine of the 12 teams involved withdrew after a public backlash.
“As at today, it is not possible to predict with certainty the outcome and future development of the Super League project, of the legitimacy of which Juventus remains confident,” the team said.
Juventus’ legal case with fellow Super League rebels Real Madrid and Barcelona challenging what they say is UEFA’s monopoly control of competitions is with the European Court of Justice in Luxembourg. A deadline for submissions to the court is next month.
Juventus reports 210 million euros in losses amid pandemic
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Juventus reports 210 million euros in losses amid pandemic
- Revenue from player registration rights (transfer market) dropped 129 million euros from 2019-20
- Ticket sales fell more than 41 million euros from the year before
Medvedev to face Griekspoor in bid for second Dubai title
- Former world No. 1 Medvedev demolished top seed Felix Auger-Aliassime of Canada in the semifinal
- Despite an injury, unseeded Dutchman Griekspoor beat 5th-seed Andrey Rublev in the other semifinal
DUBAI: Daniil Medvedev reached the Dubai Tennis Championships final on Friday and will face unseeded Dutchman Tallon Griekspoor as the Russian attempts to achieve something that has eluded him throughout his stellar career — winning the same tournament twice.
Former world number one Medvedev demolished top seed Felix Auger-Aliassime 6-4 6-2 in an 83-minute semifinal, setting up a title clash that could see him claim a second Dubai crown to go with his 2023 triumph.
Medvedev, who has won 22 titles at 22 different tournaments, arrived in Dubai with a point to prove after early exits in Rotterdam and Doha.
However, the third seed has been in scintillating form in Dubai, dispatching Shang Juncheng, Stan Wawrinka, Jenson Brooksby and Auger-Aliassime — all in straight sets.
“It has been an amazing four matches, probably playing better and better each match, today being the best performance,” said Medvedev.
“If I can put in an even better performance tomorrow, I will have my chances to win and that is what I am going to try to do.”
Griekspoor battles injury to beat Rublev
Standing in his way will be Griekspoor, who continued his giant-killing run by beating fifth seed Andrey Rublev 7-5 7-6(6) in the other semifinal.
The Dutchman denied the 2022 champion, who also finished runner-up the following year, another shot at the Dubai trophy, saving two set points in the second-set tiebreak.
“No idea how I pulled off this one, I could barely walk at the end of the first set,” said Griekspoor, who took a medical timeout for treatment in the opening set.
“He served extremely well. I got very lucky in the tiebreak to win it in two sets ... I landed with a serve and felt something in my hamstring.
“If he had won the tiebreak, I don’t know if I would have continued.”
It marked three consecutive top-20 wins for Griekspoor for the first time in his career after he beat second seed Alexander Bublik and Jakub Mensik en route to the final.
Griekspoor, who has won three ATP 250 titles in his career, will be looking to add a first ATP 500 trophy to his collection when he faces Medvedev.
