According to RMC Sport, Juventus are at risk of breaching Financial Fair Play parameters, as their payroll to total revenue ratio is at 71 per cent.
The calculations were made based on a leaked copy of the KPMG financial report on the eight major European league champions, showing Juve are the only ones running at a loss.
The report also suggests “the net results for the 2019-20 season will also be revised negatively.”
It is claimed the biggest problem is the breach of FFP parameters, as clubs need to keep their total payroll to revenue ratio at under 70 per cent, whereas Juve currently stand at 71 per cent.
None of the other major league title holders have gone over that level.
Juventus have already taken action, issuing €175m in bonds in February 2019 and recently increasing the capital by €300m.
The calculations suggest Juve’s revenue has increased dramatically in recent years, up 16 per cent from the 2017-18 season, largely due to the arrival of Cristiano Ronaldo and a renegotiated deal with Adidas.
Some of that could be down to a change in strategy, as the Bianconeri have tended recently to target free agents, therefore able to offer far higher wages.
It comes a day after the Deloitte Football Money League placed Juventus as the 10th richest club in the world, valued at €459.7m, below Chelsea, Tottenham Hotspur, Liverpool, Manchester City, Paris Saint-Germain, Bayern Munich, Manchester United, Real Madrid and top team Barcelona.