15 points deducted from Juventus for his involvement in “financial fraud”
 |
| JUV club owner |
The Office of the Prosecutor of the Italian Football Federation announced, on Friday evening, that 15 points have been deducted from the balance of Juventus club in the Italian first division competition this season. due to financial fraud.
The Federal Court of Appeals held hearings on reopening the trial in the financial fraud case.
The Italian Football Federation's public prosecutor's office demanded a deduction of nine points, as well as the punishment of a number of officials of the Turin-based football club.
The prosecution statement said: “The Federal Court of Appeal partially agreed to the appeal of the Public Prosecutor, the sanctions against Juventus in the form of (deduction) 15 points, as punishment during the current football season.”
Before the penalty, the club shared third place in the Italian League with Inter Milan, as both teams got 37 points after 18 games, but with 22 points after the opponent, Juventus will share tenth place with Bologna and Empoli.
 |
| Juventus club flag |
Court decision
The court also agreed to suspend Fabio Paratici, the club's former sporting director, for two and a half years, and former club president Andrea Agnelli for two years.
It was also decided to suspend Maurizio Arrivabene, former CEO, Federico Cherubini, former board member, and Pavel Nedved, former vice president, for two years, 16 months and 8 months each, respectively.
Last year, the Public Prosecutor in Italy requested that the former president of Juventus Football Club, Andrea Agnelli, and 12 other defendants be tried for false accounting records and other crimes.
Agnelli, Vice-President Pavel Nedved and the rest of the Serie A club's board of directors have resigned en masse, over investigations into accounting irregularities.
An investigation launched in 2021 focused on whether Juventus, which is listed on the Italian stock exchange, provided false accounting information to investors while showing invoices for non-existent transactions relating to the years 2019 to 2021.
According to the plaintiffs, there is more than 282 million euros ($296 million) in capital gains from player-related transactions recorded in Juventus' financial results for those years. Prosecutors also investigated how the club calculated player salary cuts during the pandemic in 2020.
To read more click here