 After an unaudited €43,411,481 net loss was recorded in the first nine months of 2010–11 season, the board of directors announced that a capital increase of €120 million was planned, scheduled to submit to the extraordinary shareholder's meeting in October.Eventually, the 2010–11 season net loss was €95,414,019.In the 2012–13 season, Juventus continued to recover from recent seasons' net losses thanks to the biggest payment in UEFA's Champions League 2012–13 revenue distribution, earning €65.3 million.