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0 0 0 Juventus’ board of administrators, president Andrea Agnelli and vice chairman Pavel Nedved resigned en masse on Monday.
The gorgeous transfer follows a preliminary investigation by the Turin Public Prosecutor’s Workplace into fraudulent accounting and alleged hidden payments to gamers.
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In the beginning of the COVID-19 pandemic, Juventus mentioned 23 gamers agreed to scale back their wage for 4 months to assist the membership via the disaster. However its claimed the gamers gave up just one month’s wage.
Prosecutors have been investigating since final yr whether or not Juventus, which is listed on the Milan inventory alternate, cashed in on unlawful commissions from switch and loans of gamers. The case can be exploring if buyers have been misled with invoices being issued for non-existent transactions to exhibit earnings that in flip could possibly be deemed false accounting.
Juventus mentioned final yr that it was cooperating with investigators however that “it believes to have acted in compliance with the legal guidelines and rules governing the preparation of monetary experiences.”
The Serie A giants sit third within the standings proper now, 10 factors behind leaders Napoli, and have been eradicated from the Champions League on the group stage this season following an uncharacteristic string of poor outcomes.
A shareholders assembly rescheduled for Dec. 27 was postponed once more to Jan. 18 to decide on a brand new board.
