April 1, 2023



Prosecutors search trial for former Juve chairman, 11 others

Prosecutors in Italy have requested that former Juventus Chairman Andrea Agnelli, 11 different folks and the membership itself stand trial over allegations of false accounting on the nation’s most profitable soccer crew, a senior supply with direct data of the matter mentioned on Thursday.

Prosecutors within the northern Italian metropolis of Turin, the place Juventus JUVE.MI are primarily based, have been investigating the membership’s accounting and statements made to monetary markets over the previous three years.
Agnelli stepped down as chairman earlier this week. Juventus have denied any wrongdoing and the membership mentioned on Wednesday that it will defend its pursuits with all sporting and authorized our bodies.
Below Italian legislation, a request for trial is notified to suspects solely as soon as a court docket listening to has been scheduled. On the finish of the particular listening to, a decide should determine whether or not to ship the defendants to trial or acquit them.

Turin prosecutors allege the membership understated its monetary losses for 3 seasons – 2018-19, 2019-20 and 2020-21.
They’ve been wanting into the values ascribed to participant transfers between golf equipment and whether or not, as said, salaries had been sacrificed through the Covid-19 pandemic or just deferred.

The membership is managed by the Agnelli household’s Exor EXOR.AS holding group and its shares additionally commerce on the Milan Inventory Alternate.
Exor mentioned on Thursday it had no touch upon Juventus.

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