Juventus Football Club S.p.A., commonly referred to as Juventus and colloquially as Juve, are a professional Italian association football club based in Turin, Piedmont. The club is the third oldest of its kind in the country and has spent the majority of its history, with the exception of the 2006–07 season, in the top flight First Division. Founded in 1897 as Sport Club Juventus by a group of young Torinese students, among them, who was their first president, Eugenio Canfari, and his brother Enrico, author of the company's historical memory; they are managed by the industrial Agnelli family since 1923, which constitutes the oldest sporting partnership in Italy, thus making Juventus the first professional club in the country. Over time, the club has become a symbol of the nation's italianità, due to their tradition of success, some of which have had a significant impact in Italian society, especially in the 1930s and the first post-war decade; and the ideological politics and socio-economic origin of the club's sympathisers.