Juventus got a 15-point deduction from the current Serie A standings, and former club president Andrea Agnelli was suspended for two years from assuming his position in Italian football due to mishandling and manipulation of transfer funds, The Italian Football Federation (FIGC) announced Friday. The deduction of capital gains violations would see Juventus drop from 37 points to 22 as they finish 10th in the 20-team league and risk finishing in the top four to qualify for next season’s Champions League.
The sanctions didn’t just affect the club on the field, as 11 executives, from directors to board members, were banned for an extended period of time. Here is an overview of the penalties:
- Juventus: 15 points off the current Serie A standings
- Fabio Paratici, current manager of Tottenham Hotspur: 30-month ban
- Andrea Agnelli, Ex-President: 24-month ban
- Maurizio Arrivabene, former CEO: 24-month ban
- Federico Cherubini, current manager: 16-month ban
- Pavel Nedved, former vice president: Ban for eight months
- Paolo Garemberti, former board member: Ban for eight months
- Enrico Villano, former non-independent director: Eight-month ban
- Asia Grazioli-Venier, former board member: Ban for eight months
- Caitlin Hughes, former independent director: Eight-month ban
- Daniela Marilongo, former independent director: Eight-month ban
- Francesco Roncalio, former board member: Ban for eight months
“The Federal Court of Appeal, headed by Mario Luigi Torsello, partially accepted the appeal of the Federal Public Prosecutor’s Office regarding the partial annulment of the decision of the Federal Court of Appeal to Consolidated Sections No. Current and with a series of obstacles for 11 Juventus executives.
Juventus lodged an official appeal against the penalty. The 15-point penalty is harsher than the nine-point deduction recommended by FIFA’s prosecutors earlier in the day. It all comes after the club’s recent financial statements came under scrutiny by prosecutors and Italian market regulator CONSOB in the past months over allegations of false accounting and market manipulation.
In addition to Juventus, the following eight clubs have been cleared of any wrongdoing in the investigation: Sampdoria, Pro Vercelli, Genoa, Parma, Pisa, Empoli, Novara and Pescara.
The investigation led to the board stepping down in November, which also marked the end of the era for Agnelli and Nedved. The club acknowledged the so-called “salary maneuvers” for the 2019-20 and 2020-21 financial years, adding that “the complexity of such profiles around assessment items may be subject to various interpretations.”
Prosecutor Giuseppe Schein, after opening an investigation into the club, said he felt convinced it had “new evidence elements proving the existence of the crimes”. According to La Gazzetta della Sport. In this case, we are talking about wiretaps and new documents that have surfaced during the civil trial, including Paracchi’s so-called “black book” detailing the club’s capital gains over the past two seasons. The federal prosecutor initially did not have that information from Parachi at his disposal during the first criminal trial last year.
The club will appeal to the College of Guarantee from the Italian National Olympic Committee (CONI) to see if the deducted points will be restored. Meanwhile, Paratici’s ban is not valid outside Italy yet, but the Italian public prosecutor has officially asked UEFA and FIFA to extend the ban outside Italy.
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