Skip to content
Subscriber Only

Juventus Says It’s Unclear on Future of Libya’s Shareholding

Juventus Football Club SpA says it’s unclear what will happen to the 7.5 percent stake in the soccer team held by Libya’s state-owned investment company amid continuing political unrest in the north African nation.

Libyan leader Muammar Qaddafi’s Libyan Arab Foreign Investment Company SA, or Lafico, is the second-largest shareholder in the record 27-time Italian champion, with a holding worth 12.8 million euros ($17.5 million) at the current share price. The stake has been reported in regulatory filings.