Strong sanction to Juventus for altering economic documentation

Strong sanction to Juventus for altering economic documentation

The Turin club had been acquitted along with ten other entities in the European spring of 2022 but the federation’s court of appeal accepted the federal prosecutor’s demand to reopen the file due to the elements transmitted by the Italian justice that is also investigating the accounts of Juventus, according to a statement from the federation.

With the penalty of 15 points to the Italian club, “to fulfill in the current season”According to the terms of the statement, the instance has gone beyond the request of the prosecutor, who had requested a reduction of nine points.

The appeal court has also handed down significant suspensions for former leaders of the Turin club: two and a half years for former sports director Fabio Paratici, currently at Tottenham, and two years for former president Andrea Agnelli, who stepped down this week.

Club legend Pavel Nedved, a former vice president, was suspended for eight months. The sanctions are stronger than those requested by the federal prosecutor Giuseppe Chine.

Juventus has the possibility of appealing to the Italian Olympic Committee (Coni) this sanction that greatly compromises their chances of finishing in the top four of Serie A, synonymous with playing in the next Champions League.

With the effective sanction, Juventus, on a great run in recent weeks, will go from third place -with 37 points- to tenth -with 22-.

https://twitter.com/juventusfc/status/1616555430351720460

Despite the fact that other clubs were also singled out at the beginning, the Juventus has been the main accused of having increased the sale price of several players to record profits that allowed their accounts to be validated. The usual scheme was a cross sale of footballers between two clubs.

The “Vecchia Signora” is also under judicial investigation for possible accounting fraud to artificially limit its losses in the balance sheets presented to investors.

The Turin prosecutor’s office requested in early December the referral to trial of Andrea Agnelli and eleven other former leaders. This request must be examined at the end of March.

Andrea Agnelli announced her resignation at the end of November, under judicial pressure. His successor to the presidency, Gianluca Ferrero, was officially named on Wednesday.

The new management will aim to relaunch the team’s sporting situation, which failed to win a title last season for the first time in eleven years, but above all to fix the financial situation. The club recorded losses of more than 200 million euros in the last two seasons and is closely watched by UEFA due to its fragile finances..

Dark hours lie ahead again for the club, which has already been marred by the ‘Calciopoli’ scandal over referee manipulation, which led to its administrative relegation to the second division and the loss of the titles it won in 2005 and 2006. .

Source: Ambito

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