Post by Salem6 on Mar 14, 2007 17:43:32 GMT
The Board of Directors of Juventus approved the mid - term development plan presented by the managing director Jean-Claude Blanc.
To finance this plan, the Board of Directors decided a capital increase of more than 100 million euros. During the meeting, the majority shareholder IFIL garanteed to underwrite the increase of its share (which is 60% of the capital). Tha Board of Directors asked the chairman and the managing director to convene a meeting of shareholders by the month of April, during which the financial dealing will be decided.
The decision of the Board represents an essential moment in the future developlment and enhancement of Juventus, creating the conditions to face the next future with serenity, and to build a prompt competitive team. The capital increase and the aims of the development plan will be presented during a press conference held by chairman Cobolli Gigli and the managing director Blanc, live on Juventus Channel.
www.juventus.com/uk/news/detail.aspx?lml_language_id=0&trs_id=1370000&ID=10589