Juventus chief financial officer Stefano Cerrato told a shareholders' meeting at the Allianz Stadium on 3 November that the club terminated Thiago Motta's contract on 15 June after paying the agreed sum. The remarks confirmed that the relationship between Juventus and Motta had formally ended in June.
Confirmation at the meeting
Cerrato confirmed at the shareholders' meeting that Juventus and Thiago Motta had formally ended their relationship in June.
Termination clause
Stefano Cerrato, Juventus's Chief Financial Officer, said: "There was a clause with manager Thiago Motta that allowed the agreement to be terminated in exchange for a payment by 30 June 2026. We proceeded with the termination on 15 June, paying the agreed sum ."
Financial year forecast
Cerrato also discussed the outlook for the current financial year. He said: "The result is still expected to be a loss , mainly because of lower Europa League revenues compared with the Champions League. The result will be influenced by sporting results and the effects of the January and June transfer windows"
