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May 19, 2024 5:40 am

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UEFA opens investigation into Juventus over alleged false accounting

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UEFA has opened an investigation into Italian soccer giants Juventus amid allegations of false accounting.

The probe will study whether or not the membership breached licensing and monetary truthful play laws, European soccer’s governing physique stated in a press release.

The case entails participant contracts, transfers, and agent dealings between 2018 and 2020.

Prosecutors are additionally claiming that Juventus’ gamers didn’t, as agreed, cut back their salaries for 4 months in the course of the COVID-19 pandemic.

On Thursday, the Turin prosecutor’s workplace requested indictments for ex-Juventus president Andrea Agnelli, 10 different former board members, and the membership itself.

Former vice chairman and Czech soccer legend Pavel Nedved — who left the membership on Monday when Agnelli and the whole board of administrators resigned over accounting points – is also charged.

UEFA stated the investigation will deal with “the alleged monetary violations that have been not too long ago made public” by prosecutors and Italy’s market authority (CONSOB).

Juventus has denied wrongdoing and says its accounting was accomplished “on the idea of a stable set of opinions by main authorized and accounting professionals”.

“Juventus stays satisfied that it has all the time acted appropriately and intends to say its causes and defend its company, financial, and sporting pursuits in all boards,” a assertion learn.

Italian authorities are set to announce subsequent week if the case will go to trial.

Final season, beneath Agnelli, Juventus declared a report lack of €254.3m.

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