18 March 2008

Stadium Project approved

Another important step in the Stadium Project: indeed Juventus' Board of Directors today approved the construction of a new Stadium that will be built in place of the Dell’Alpi. The Club announced as much in a press release after today's meeting.

The project is expected to cost € 105 million in all; the Board gave Managing Director Jean-Claude Blanc the task of carrying out all the necessary steps, particularly in administrative terms. The construction project will not cause any capital increase. The new facility should be ready in time for the 2011/2012 season.

The Board of Directors also approved the Half-Yearly Report up to December 31 2007.

See the Six Months Report press release for details.