The sentence of -15 to Juve for capital gains is "lacking" in its explanation "where the Federal Court referred to a generic, but unproven, 'widespread awareness'" of directors without delegation. It is one of the points of the reasons for the ruling of the Collegio di Garanzia on the Juve appeal, published today.
The College "censured a ruling on the merits, accepting the ground of appeal", and referred to the FIGC for a new formulation.