Thursday, February 6, 2025
spot_img

Juve prez, top officials may face false accounting trial

Date:

Share post:

spot_img
spot_img

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)

spot_img
spot_img

Related articles

Royal Bhutan Army COO concludes visit to India with focus on cooperation

New Delhi, Feb 6:  Reinforcing bilateral military cooperation, the high-level visit to India by a Bhutanese delegation led...

Chief Minister Conrad K. Sangma Launches PIMC Health Shuttles for Meghalaya

Shillong, February 6: Meghalaya Chief Minister Conrad K. Sangma today launched the Health Shuttle initiative by P.A. Sangma...

1st ODI: Hammered for 26 in an over, Harshit Rana bags 2-43 in first spell on debut

Nagpur, Feb 6:  It was baptism by fire for India's pace-bowling all-rounder Harshit Rana as he was hammered...

Sensex, Nifty end lower as investors await RBI MPC decision

Mumbai, Feb 6: The Indian stock market on Thursday closed lower as investors remained cautious ahead of the...