Troubled Juventus Docked 15 Points in Suspect Transfer Trial

0

[ad_1]

Juventus’ troubled begin to the brand new 12 months slipped into catastrophe on Friday after the Italian Football Federation docked the Serie A giants 15 factors for utilizing transfers to artificially increase their steadiness sheet.

The FIGC stated in a press release that the factors sanction was to be inflicted this season, an enormous blow to Juve whose possibilities of qualifying for subsequent season’s Champions League are actually vastly compromised.

Juve drop down from third to 10th place on simply 22 factors, 15 from the highest 4 positions in Italy’s prime flight.

Missing out on Europe’s prime — and richest — membership competitors could be an additional blow to the membership’s accounts which final season had been practically 239 million euros in the purple.

Juve’s present sporting director Federico Cherubini was additionally banned for 16 months, one other critical punishment which Juve stated in a press release they might attraction on the Italian Olympic Committee.

The membership’s former management had been additionally handed lengthy bans by the FIGC together with two years to ex-chairman Andrea Agnelli and former CEO Maurizio Arrivabene and 30 months to former sporting director Fabio Paratici, now at Tottenham Hotspur.

The FIGC additionally stated that it had requested that the bans — which additionally included eight months for former vice-president and enjoying icon Pavel Nedved — be prolonged past Italy to the jurisdictions of worldwide governing our bodies UEFA and FIFA.

– ‘Injustice’ –

All eight different golf equipment going through potential FIGC sanctions, together with Serie A groups Sampdoria and Empoli, had been acquitted, one thing Juve’s authorized workforce known as “a transparent injustice”.

They were accused of using capital gains — the positive difference between purchase and sale values net of amortisation and write-downs — from a series of player exchanges in which little or no money passed between clubs.

One widely-cited deal was between Juve and Barcelona in 2020 which saw Miralem Pjanic move to Catalonia and Arthur Melo go the other way.

Arthur was valued at 72 million euros and Pjanic 60 million euros, sums both clubs could immediately book on their balance sheets while the cost of purchases can be spread over the length of a player’s contract.

Juve recorded a capital gain of 43 million euros on Pjanic, the second highest in the club’s history.

The decision to dock Juve points came as the FIGC reopened a trial which had ended last year with Juve and a host of other clubs including Serie A leaders Napoli being acquitted.

It follows new evidence from a separate criminal probe into Juve’s finances conducted by prosecutors in Turin.

Juve will know after a preliminary hearing in March if they and the former members of the club’s board will stand criminal trial over alleged false accounting.

Agnelli and the rest of the Juve board stepped down in November under pressure from the criminal investigation, with a new board led by Gianluca Ferrero being appointed earlier this week.

The new board will remain in office until the shareholders’ meeting for the approval of Juve’s accounts as of 30 June 2025.

Agnelli’s departure ended a 12-year reign which brought a host of trophies and for a period re-established Juventus as one of Europe’s best teams but ended in turmoil.

Last month UEFA said it had opened a formal investigation into whether Juventus had misled them and broken rules regarding their finances.

Read all the Latest Sports News here

(This story has not been edited by News18 workers and is revealed from a syndicated information company feed)

[ad_2]

Source hyperlink

LEAVE A REPLY

Please enter your comment!
Please enter your name here