Juventus assure cooperation over financial investigation case

Juventus released an official statement assuring that they will cooperate with authorities regarding financial investigation cases involving the club’s chiefs.

The Bianconeri found themselves investigated due to capital gain from their transfer moves from 2018 to 2021.

That case triggered a further investigation from the Turin Public Officer as there was suspicion of false accounting which involves, president Andrea Agnelli, vice president Pavel Nedved, and ex-director Fabio Paratici.

After a calm early reaction, Juve finally released their statement confirming their willingness to work with authorities regarding the case.

“Juventus Football Club S.p.A. (“Juventus” or the “Company”) acknowledges that the Public
Prosecutor’s Office of the Court of Turin has started investigations against the Company and some of its current officers (Andrea Agnelli, Pavel Nedved, and Stefano Cerrato) and former officers concerning item “Revenues from players’
registration rights,” Juventus’ official statement read.

“The Company is cooperating with the investigators and with CONSOB and trusts that it will clarify any aspect of interest to it as it believes to have acted in compliance with the laws and regulations governing the preparation of financial reports, in accordance with accounting principles and in line with the international practice in the football industry and market conditions.”

Multiple reports claim that the potential risks for Juve if they were found guilty, would be a points deduction or a fine.

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