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Men's Football Juventus top brass could face trial over dodgy accounting and transfers

JUVENTUS president Andrea Agnelli, vice-president Pavel Nedved and chief executive Maurizio Arrivabene are among 15 people who could face a trial for false accounting and irregularities in player transfers following a notification from the public prosecutor’s office in Turin.
 
Prosecutors have been investigating since last year whether the club, which is listed on the Milan stock exchange, cashed in on illegal commissions from transfer and loans of players. 

The case is also exploring if investors were misled with invoices being issued for non-existent transactions to demonstrate income that in turn could be deemed false accounting.

The case involves player contracts, transfers and agent dealings between 2018 and 2020.

Juventus said in a statement on Tuesday that it “remains convinced” that it “operated according to the laws and rules that govern financial relations” and complied with “international customs of the football industry.”

Last month, the record 36-time Italian champions reported a record loss of €254.3 million (£221m) for 2021-22. It was the fifth consecutive year that Juventus reported a loss, and €44.4m (£39m) more than in 2020-21.

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