The Bianconeri director is optimistic about his side's chances in Europe and feels they can spring a surprise and go all the way
The Serie A champions will have to deal with Real Madrid, Galatasaray and Copenhagen in Group B and Nedved is confident that they will progress to the knockout stages.
"There are a few teams that are perhaps a bit stronger, but the strongest team doesn't always win. So I'd say that we could win it if you ask me if we could go all the way," the Juve director told Tuttosport.
"It will obviously be tough, but it's not something that's out of our reach.
"We will be playing against Copenhagen and Galatasaray in our next two games. Then, against Real Madrid, anything can happen.
"We could win or lose versus Madrid, but we will have to collect as many points as possible versus the Danes and the Turks."
Juventus take on Copenhagen in the Danish capital on Tuesday evening in their Group B opener.