Juventus board to decide whether to invest €100 million in squad or clear debts
Juventus' board of directors are due to convene in Turin on May 11, with a reinvestment of €100 million in the offing, however senior figures at the club will have to decide whether to use the money to clear existing debts or to buy new players in the summer.
Tuttosport reports that the meeting will be used to plan a budget for the next financial year and to also discuss key matters within the club, including the future of under-fire coach Luigi Del Neri.
The Old Lady of Italian football has amassed €60 million of debt, partly caused by a downturn in performance on the pitch and also due to an absence from the Champions League.
The decision will impact upon the future of the playing staff, as Juve are unlikely to make the top four and qualification for next season's top tier of European football, meaning they will again miss out on the financial rewards that participation brings.
The club have underperformed this season and an investment into the side would give them much more of a chance of playing a part in the race for the Scudetto title next season, and making it back into the Champions League.
Juventus are currently in 7th place in Serie A on 53 points, and with four games left face a battle to qualify for European football in any capacity next season.