Juventus owner denies press report over possible sale

Juventus owner denies press report over possible sale

Sports

The spokesman said in a statement that the report was "groundless

ROME (Reuters) - The Exor (EXOR.AS) holding company that owns Juventus has no plans to put the Serie A club up for sale, a spokesman said on Monday, denying a report in newspaper Il Giornale.

The spokesman said in a statement that the report was "groundless."

A spokesman for Exor said in a statement that Il Giornale's report was "groundless", after the newspaper reported that the holding company considered Juventus's recent financial results were "no longer sustainable" and it had been embarrassed by the soccer club's ongoing judicial problems.

Juventus, its former Chairman Andrea Agnelli and 11 others could face trial after judges in Italy last year launched a criminal case against them over allegations of false accounting.