Juventus guilty of financial irregularities, says Turin prosecutor

The Turin prosecutor has found Juventus guilty of financial irregularities and asked for the house arrest of Juventus president Andrea Agnelli.

An investigation into Juve’s accounts was opened up at the end of last year and the club’s headquarters were raided for falsification of finances and using money laundering techniques. 

La Stampa has reported that the Turin prosecutor has aimed two accusations at Juve – falsification in social communications and falsifications aimed towards the transfer market. Three years – 2018, 2019 and 2020 have been taken into consideration for the investigation.

According to the Turin prosecutor, the suspects would have acted to alter the balance sheets through two systems: the exchange of players and salary maneuver. According to the Turin prosecutor’s office, the swap deals, which did not generate cash, were done while providing with arbitrary values ​​that did not correspond to the real value of the players. 

The salary maneuvers were implemented in the 2019/20 season. The players, in agreement with the club, had given up on receiving their salaries during the pandemic period. Instead of taking the wages of four months, they had earned the wages for just one month. According to the prosecutors, however, the remaining three monthly payments were a deferral for subsequent years and never appeared on the balance sheets.

The second salary maneuvers took place in the 2020/21 season. This maneuver was carried out through private documents filed with the Serie A. But the investigations of the prosecutor have led to the seizing of other private documents.

The Turin prosecutor had asked for the house arrest of e Juventus president Agnelli, but the judge for the preliminary investigations rejected the demand.




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