Bianconeri sign off financial statements for last year.
Juventus recorded increases in both revenue and debt over the last financial year, although losses were significantly less.
The Bianconeri held its Board of Directors meeting on Tuesday and approved the draft financial statements for the financial year which ended on June 30, 2013.
Despite closing with a loss of €15.9m, it was a significant decrease from the previous year where the total loss stood at €48.6m.
That figure was heavily influenced by the increase in revenue which went up by 32.8 per cent as it climbed to a total of €70m with the help of television and radio rights for the Champions League.
With just the Turin giants and AC Milan reaching the group stages of the competition last season, television money was split between just two clubs which resulted in bigger share of the pool for the pair.
Meanwhile, there was also an increase in operating costs of €20.8m, while Juventus’ total debt stood at €160.3m.
It is understood that the club are still recovering financially after investing in their new stadium, but they will undoubtedly reap the benefits in the long-term as they gain all revenue made on match-days whereby their rivals still pay rent to local councils for use of their stadia.
Another area which enjoyed a significant increase was season ticket sales, which went up by 30.3 per cent and made a net revenue of €19.8m.
Owner Andrea Agnelli will hope to continue to increase revenue and lower debts over the course of the next few years while simultaneously keeping the squad competitive.