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Approximately the first week for new Juventus board legally battles multiply

by Hashem Ali
July 3, 2023
in Sports
2 min read
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This week, A.J new board of The directors of Juventus Football Club will be appointed and assigned immediately with The club’s handling of the accounting scandal has been scheduled for a hearing for Friday, during which board will face audit over its transformational transactions.

Gianluca Ferrero, accountant, will succeed Andrea Agnelli after the high-profile chairman and colleague board Members eventually resigned of November in Turin prosecutors and Italy market Watchdog checked club finances.

Ferrero is son of Cesar Ferrero, longtime accountant for the late Fiat boss Gianni Agnelli. He is related to Agnelli’s grandson John Elkann, who is now senior business the shape in the family that owned Juventus for a century.

Exor, and Agnelli family which holding company controls Juventus suggested Mauricio Scanavino head of It’s GEDI media group like new Juventus CEO. appointments set To be confirmed at the shareholder meeting in Turin on Wednesday.

Accountants and lawyers will form the core of the new The thinnest-down five members board suggested by Exor, with specific goal of most successful shield club in Italian football history of his legal troubles.

spp in Torino asked Agnelli, 11 more people and the club itself for trial over allegations of false Accounting. Juventus has repeatedly denied any wrongdoing.

Sports penalties?

while the criminal The case is likely to take years play out will Juventus this week face the possible Cancellation of judgment by a football the court that had previously acquitted her, and the other clubs and their executives in A case involving capital gains on transfer transactions.

a new he heard of football Federal Court of Appeal on Case is scheduled for Friday.

Enrico Lubrano A sports Law professor at LUISS University in Roma told Reuters that Juventus faced Just fine for a “basic Administrative offense “if found Guilty at this point.

But, football The authorities are now looking at all the documents I collected general prosecutors in Turin.

Lubrano said this raised the possibility of new sports bags against the club and with the risk of The most severe penalties, incl possible Point deductions or even relegation if club deemed to have been violated league Register rules.

This week’s referee will not be a big Deal for Juventus. the real Bloating may come later onif football prosecutors Decide start a new Issue with more Serious allegations.”

Italy football FIGC has already He opened an investigation into allegations that Juventus paid him salaries players which were different from those you have reported publicly.

Juventus ranks third in Serie A table after suffering a modest 5-1 defeat league Neapolitan leaders on Friday.

the new board will also you have to restore club’s financial fortunes hit by rising Costs associated with players’ salaries and the coronavirus pandemic.

Juventus incurred a loss of 238 million euros ($257.33 million). in Finance year is over in June 2022, while investors had to inject a total of 700 million euros between 2019 and 2021.

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