By Scott Kanowsky
Investing.com -- Shares in Juventus Football Club (BIT:JUVE) rose on Thursday on a media report that owner Exor (AS:EXOR) may be thinking of delisting the famous Italian soccer club.
Analysts at Equita noted the report from website Dagospia said that after the Agnelli family-controlled Exor delists the team, it can choose whether to sell a majority stake or "wait for better times."
According to the Equita analysts, delisting Juventus would cost Exor more than €200 million (€1 = $1.0624) at current prices for the shares it does not already own.
Juventus stock has been under pressure since the entire board of the side resigned in November in connection with a police investigation into its transfer business and suspected false accounting.
The Turin-based club has called a shareholders meeting for January 18 to appoint a new board.