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Showing posts with the label Champions League elimination

Juventus face new lows as Champions League exit looms

 Juventus is preparing for much more financial suffering as they approach Champions League elimination, a month after declaring their largest-ever financial deficit. With two games remaining, Maccabi Haifa's dismal 2-0 loss on Tuesday left chief executive Andrea Agnelli feeling "ashamed" and "mad" as his team fell five points behind second-placed Benfica in Group H. For the first time since 2013, they risk failing to advance past the group stage. The club was forced to stay at their camp for three days prior to Saturday's league derby against Torino by coach Massimiliano Allegri, who is going through a trying second stint following a trophy-laden first one. Juve's difficulties in Europe occur at a particularly difficult time for the team; last month, the club announced a loss of 254 million euros ($247.07 million) for the previous fiscal year. Juventus will forfeit 9.6 million euros in prize money for making it to the round of 16 in the Champions League...