Juventus are once again under special UEFA scrutiny when it comes to their finances, although the current situation is different from the one that led to the Bianconeri being excluded from European competitions in 2023.
On June 30, 2026, UEFA officially announced the results of its club monitoring process for the 2025/26 season and determined that Juventus had failed to comply with the “football earnings rule”, one of the key requirements under European football’s new financial sustainability regulations. The assessment covered the financial years ending in 2023, 2024 and 2025, after which Juventus entered into a new three-year settlement agreement with the UEFA Club Financial Control Body (CFCB).
WHAT RULE DID JUVENTUS BREACH?
UEFA no longer operates under the original Financial Fair Play system in its previous form, having introduced new club financial sustainability regulations. One of the most important criteria is the football earnings rule, which controls how much a club is permitted to lose over a specific monitoring period.
In Juventus’ case, the CFCB assessed the aggregate results for the financial years ending in 2023, 2024 and 2025 and concluded that the club had failed to meet the required criteria.
The same breach was also identified in the cases of Newcastle United, Nice, Santa Clara, Astana and Partizan.
JUVENTUS ACCEPT THREE-YEAR SETTLEMENT AGREEMENT
Instead of facing an immediate new ban from European competitions, Juventus and UEFA reached a settlement agreement. The agreement will remain in place for three years, during which the Bianconeri will be required to meet the financial targets established by UEFA.
The ultimate objective is for Juventus to become fully compliant with the football earnings rule by the end of the monitoring period.UEFA states that the agreement covers the financial years ending in 2026, 2027 and 2028, with full compliance required by the end of the 2028/29 season.
FINE COULD REACH €20 MILLION
The settlement agreement includes a total financial penalty of €20 million, although Juventus will not automatically have to pay the entire amount. Of that sum, €6 million is unconditional, while the remaining €14 million is conditional and will depend on whether the club meets the targets established under the agreement. In other words, if Juventus comply with the agreed financial parameters, the conditional part of the fine should not be activated.
La Gazzetta dello Sport reports that Juventus believe they will be able to meet the required parameters with an adequate margin.
RESTRICTIONS ALSO APPLY TO UEFA’S LIST A
The consequences are not purely financial. As part of the settlement agreement, UEFA has also imposed restrictions on the registration of new players on List A for European competitions.
When the agreement was announced, La Gazzetta dello Sport explained that this does not represent a conventional transfer ban. Instead, the measure affects the composition of Juventus’ European squad and the costs associated with players registered on that list.
This is an important distinction: Juventus are not banned from signing players.
WHY HAVE JUVENTUS ENDED UP IN THIS SITUATION?
Juventus’ financial problems did not develop over the course of a single season.
The club’s official financial reports illustrate just how difficult the previous period has been.
Juventus ended the 2022/23 financial year with a loss of €123.7 million, while an even larger deficit of €199.2 million was recorded in 2023/24.
The loss was significantly reduced in 2024/25, falling to €58.1 million.
The 2023/24 season represented a particularly significant financial blow because Juventus did not participate in European competitions and therefore missed out on a substantial amount of revenue that would normally have come from UEFA competitions.
The club itself identified its absence from European football as one of the main factors behind the considerable loss recorded that year. In recent years, Juventus have therefore been working to reduce costs and gradually bring the club’s finances back to sustainable levels.
WHAT HAPPENED IN 2023?
It is important to distinguish the current situation from the punishment Juventus received three years ago. In July 2023, UEFA concluded proceedings against Juventus concerning potential breaches of its club licensing and Financial Fair Play regulations. The CFCB concluded at the time that Juventus had breached UEFA’s regulatory framework as well as the previous settlement agreement reached in August 2022.
The consequences were considerably more serious. Juventus were excluded from UEFA club competitions for the 2023/24 season, meaning they did not participate in the UEFA Conference League. The club was also handed a €20 million financial penalty, half of which was conditional.
Juventus decided not to appeal the ruling, although the club stressed that accepting UEFA’s decision did not constitute an admission of responsibility.
THERE IS CURRENTLY NO BAN FROM EUROPE
This is the most important aspect of the current situation.
UEFA has not excluded Juventus from European competitions, nor has it announced a new ban on the club’s participation. Instead, Juventus and the CFCB have reached an agreement that gives the club a defined period in which to bring its finances into compliance with UEFA regulations, accompanied by a financial penalty, restrictions concerning its European squad list and continued monitoring. For that reason, it would be misleading to present the current situation with headlines such as “UEFA kick Juventus out of Europe” or “Juventus face exclusion from Europe” unless UEFA issues a new decision to that effect.
JUVENTUS MUST CONTINUE THEIR FINANCIAL RECOVERY
The Bianconeri are now entering a period in which sporting results and financial performance will become even more closely connected. Juventus must continue controlling wages, squad costs and transfer expenditure while simultaneously attempting to remain competitiv
e in Serie A and European competitions. There is also one positive development.
According to La Gazzetta dello Sport, Juventus have already complied with UEFA’s squad cost ratio requirement in the assessment covering the period ending December 31, 2025, as they had done the previous year. This suggests that the club’s cost-cutting measures are beginning to produce results.
Nevertheless, the next three financial years will be crucial.
Juventus now have a clearly defined path: bring their finances back within UEFA’s permitted limits by the end of the settlement period and avoid triggering additional penalties.
