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Italian Championship: a fine but no additional points withdrawn for Juventus

2023-05-30T14:41:59.940Z

Highlights: Juventus is fined more than 700,000 euros for "salary maneuvers" The Italian club is also penalized with a withdrawal of ten points in the league for accounting fraud during player transfers. Juve is waiving all possible remedies in both cases under this agreement, according to the same source. The club is accused of having officially announced the non-payment of several months' wages but of having in fact agreed with its players, via private agreements, to pay a large part of it in a subsequent accounting year.


The Italian club was fined heavily on Tuesday for paying players' salaries on deferred but escaped a withdrawal of points


The agreement requested by Juve and accepted Tuesday by the Court of the Italian Football Federation puts an end to all the proceedings before the sports justice against the Turin club. The latter receives a fine of more than 700,000 euros in this case called "salary maneuvers" and remains penalized with a withdrawal of ten points in the league for accounting fraud during player transfers, said the federation.

Juve is waiving all possible remedies in both cases under this agreement, according to the same source. On Tuesday, in the case of salaries, the sports justice imposed a fine of 718,240 euros to Juventus and fines to seven former officials of the club ranging from 10,000 to 47,000 euros. The former president of Juve, Andrea Agnelli, has asked for additional time to reach an agreement with the federal prosecutor's office and will only be judged in a few weeks by the Federation in this case.

According to the daily La Stampa, owned, like Juventus, by the Agnelli family, the club has accepted this solution and has committed not to present an appeal in order to avoid a possible penalty with withdrawals of points that would have potentially distanced it a little further from the various European championships.

The bianconero club and several former executives including former presidents Andrea Agnelli, vice-president Pavel Nedved and sporting director Fabio Paratici, had been referred to the federal court for the deferred payment by the club of certain players' salaries, without having duly referred to the authorities, according to the Italian Football Federation.

These "maneuvers" on salaries, aimed at artificially reducing losses in annual balance sheets during the Covid 19 pandemic, had been noted by the Turin prosecutor's office in a judicial investigation against Juve. The club is accused of having officially announced the non-payment of several months' wages but of having in fact agreed with its players, via private agreements, to pay a large part of it in a subsequent accounting year.

The Turin leaders are accused of having filed with the Italian League the agreements of non-payment of four monthly payments (March to June 2020) for 21 players and the coach, but not the private agreements agreed with them to settle three out of four later. Similar maneuvers would have been carried out during the following season 2020-2021.

Source: leparis

All sports articles on 2023-05-30

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