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Juventus penalized 15 factors from Serie A standings; 11 execs banned for mishandling switch funds

January 20, 2023
in Sports
Juventus penalized 15 factors from Serie A standings; 11 execs banned for mishandling switch funds

Juventus have been handed a 15-point deduction from the present Serie A standings and former membership chairman Andrea Agnelli was suspended for 2 years from holding workplace in Italian soccer as a consequence of mishandling and manipulating switch funds, the Italian FA (FIGC) introduced on Friday. The deduction from the capital beneficial properties violations will see Juventus drop from 37 factors to 22 the place they may slot in tenth place within the 20-team league and run the hazard of ending in a top-four spot to qualify for subsequent season’s Champions League. 

The sanctions didn’t solely influence the membership on the sphere as 11 executives, spanning from administrators to board members, had been banned for a prolonged time period. Here’s the overview of the sanctions:

Juventus: 15-point deduction from present Serie A standingsFabio Paratici, now director at Tottenham: 30-month banAndrea Agnelli, former chairman: 24-month banMaurizio Arrivabene, former CEO: 24-month ban
Federico Cherubini, present director: 16-month ban
Pavel Nedved, former vp: Eight-month ban
Paolo Garimberti, former board member: Eight-month ban
Enrico Vellano, former non-independent director: Eight-month banAssia Grazioli-Venier, former board member: Eight-month banCaitlin Hughes, former impartial director: Eight-month banDaniela Marilungo, former impartial director: Eight-month ban
Francesco Roncaglio, former board member: Eight-month ban

“The Federal Court of Appeal presided over by Mario Luigi Torsello has partially accepted the attraction of the Federal Prosecutor’s Office on the partial revocation of the choice of the Federal Court of Appeal to United Sections n. 89 of 27 May final, sanctioning Juventus with 15 penalty factors to be served within the present soccer season and with a sequence of inhibitions for 11 Juventus executives,” the Italian FA stated in an announcement.

Juventus have formally submitted an attraction to the penalty. The 15-point penalty is harsher than the nine-point deduction really useful by an FIGC prosecutor earlier within the day. This all comes after the membership’s current monetary statements had been beneath scrutiny by prosecutors and Italian market regulator CONSOB previously months for alleged false accounting and market manipulation. 

In addition to Juventus, the next eight golf equipment had been acquitted of any wrongdoing within the investigation: Sampdoria, Pro Vercelli, Genoa, Parma, Pisa, Empoli, Novara and Pescara.

The investigation led to the board stepping down in November, which additionally marked the top of an period for Agnelli and Nedved. The membership acknowledged the so-called “wage maneuvers” from the 2019-20 and 2020-21 fiscal years, including that “the complexity of such profiles on valuation parts could also be topic to completely different interpretations.”

The chief prosecutor Giuseppe Chine, after launching an investigation on the membership, stated he felt satisfied he had “new parts of proof that reveal the existence of the crimes,” in response to La Gazzetta della Sport. In this case, we’re speaking about wiretap and new paperwork which got here to gentle in the course of the civil trial, together with Paratici’s so-called “black guide” detailing the membership’s capital beneficial properties over the previous two seasons. The federal prosecutor didn’t initially have that piece of data from Paratici at his disposal in the course of the first legal trial final 12 months. 

The membership will attraction to the Guarantee College from the Italian nationwide olympic committee (CONI) to see if the deducted factors get restored. Paratici’s ban, in the meantime, is just not legitimate outdoors Italy as of now however the Italian FA Prosecutor has formally requested the UEFA and FIFA to increase to ban outdoors Italy. 

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