The Italian football club, one of the most prestigious in the world, is suspected by the justice of having made false exchanges of players.
mo12345lemonde with AFP
Already immersed in serious sporting, financial and judicial problems, Juventus de Turin sinks a little more in the crisis. The Italian club announced, this Monday, November 28, the resignation of all members of its board of directors, including its president Andrea Agnelli on Monday, November 28, including its entire board. This decision follows the investigations carried out by Italian justice for more than a year, which directly question the leaders of Juve.
The Italian police financial brigade had searched club offices in November 2021, as part of an investigation into players in the last three seasons, and the way in which the annual financial results have been Presented between 2019 and 2021.
“fictitious” capital
The Turin prosecutor’s office is also interested in the “false exchanges” of players who would have practiced Juve: cross-sales with other clubs, without exchange of money but allowing to register capital gains in Results. The magistrates quantified these “fictitious” capital gains at some 155 million euros between 2018 and 2021.
The club, listed on the stock market, would also have hidden from its investors the existence of private agreements with players, including the Portuguese star striker Cristiano Ronaldo. This practice would have allowed him to settle certain deferred wages.
in the red for five years
To these legal setbacks are added unpublished financial problems for a club of this scale. In the red in the past five years, the club has recorded last season 255 million euros in losses. A record deficit in Italian football.
The “old lady” was also eliminated from the group phases of the Champions League this year. This premature outing of the competition generates a shortfall of some 20 million euros, according to the Calcio e Finanza site.
The managing director, Maurizio Arrivabene, was responsible for staying in place and sending current affairs while a new advice is formed, said the club. The next general meeting is scheduled for January 18, 2023.