TURIN, Oct 25: Juventus president Andrea Agnelli, vice president Pavel Nedved and CEO Maurizio Arrivabene are among 15 people who could face a trial for alleged false accounting and irregularities in player transfers following a notification from the public prosecutor’s office in Turin.
Prosecutors have been investigating since last year whether Juventus, which is listed on the Milan stock exchange, cashed in on illegal commissions from transfer and loans of players. The case is also exploring if investors were misled with invoices being issued for non-existent transactions to demonstrate income that in turn could be deemed false accounting.
The case involves player contracts, transfers and agent dealings between 2018 and 2020.
Juventus said in a statement on Tuesday that it “remains convinced” that it “operated according to the laws and rules that govern financial relations” and complied with “international customs of the football industry.”
Juventus lawyer Maurizio Bellacosa and Agnelli’s lawyer Davide Sangiorgio said that sports courts have already cleared Juventus of wrongdoing on two occasions. (AP)