Juventus enjoyed much success, with Marcello Lippi guiding the team to the Serie A title for the second season in a row, finishing seven points ahead of Inter and 11 in front of A.C. Milan and, in Europe, reaching the Champions League Final after eliminating powerhouses like Real Madrid en route.

Unfortunately for the club, he was ruled out of the Champions League final after receiving a yellow card in the second leg of the semi-final against Real Madrid, and his absence would be greatly felt.

The club's form suffered a blip at the beginning of autumn with two draws and two consecutive defeats, to Brescia and Lazio, between 23 November and 15 December.

Unfortunately, the only fixture they failed to win during this period, a 1–1 draw against Atalanta in early February, was marred by a serious injury to Alessandro Del Piero, at a time when he had rediscovered his goalscoring touch.

The 27th league title of Juve's history was confirmed on 10 May following a 2–2 draw with Perugia — with two matches to play, second-placed Inter were no longer in a position to challenge for the Scudetto.

Juventus eliminated the only remaining non-Italian team, Real Madrid, to set up an all-Italian final with Milan, who had beaten Inter in the other semi-final.

However, ten-man Juventus held on until extra time, and with six minutes left on the clock, substitute Marcelo Zalayeta scored a second goal to advance the club to the semi-finals.

Madrid had won three of the previous five editions of the competition and presented a star-studded squad with players such as Iker Casillas, Roberto Carlos, Luís Figo, Raúl, Ronaldo and former Juventus playmaker Zinedine Zidane.

A fine collective move saw Gianluca Zambrotta cross from deep for Alessandro Del Piero, who headed back into the six-yard box for David Trezeguet to smash home.

Real Madrid earned a penalty after 65 minutes, but Gianluigi Buffon saved Luís Figo's effort, thus keeping his side's two-goal advantage.

Gianluigi Buffon, Lilian Thuram, Ciro Ferrara, Edgar Davids and Alessandro Del Piero all made key contributions to the squad, but the biggest surprise was Mauro Camoranesi.

Signed from Hellas Verona in the summer of 2002, the Argentinian-born midfielder adapted with ease to his new surroundings and was one of the club's best players for the first seven months of the season.