Italian Prosecutors Probe Juventus Over Accounting and Transfer Practices

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One year after the investigation into Juventus began, the Turin Public Prosecutor’s Office continues to scrutinize the club for possible accounting irregularities. The case has drawn attention to the club’s leadership, including President Andrea Agnelli, Vice President Pavel Nedved, former sports director Fabio Paratici, and several other executives who were implicated in the inquiry. Yesterday, a judge decided not to arrest them at this stage, marking another development in a high-profile investigation.

The club faces allegations that include inflating the market values of players and recording deals at prices designed to mislead the market. Prosecutors are seeking fines, while stopping short of forcing the club into administration or dissolution. There is evidence of supposed misconduct related to communications by the company and billing for transactions that did not actually take place. Prosecutors allege that these maneuvers created fictitious capital gains amounting to 60.3 million euros.

Among the charges faced by Agnelli, Nedved, Paratici, and others are false corporate communications, misleading market disclosures, obstruction of oversight powers, manipulation, and the use of invoices tied to non-existent operations. The breadth of the accusations has kept the case in the public eye and intensified scrutiny of how the club has reported its financial performance.

In related reporting, La Gazzetta dello Sport notes the discovery of a confidential document involving Cristiano Ronaldo. The document reportedly outlined an agreement for Juventus to pay Ronaldo 20 million euros, contingent on his future departure from the club. The revelation underscores the broader theme of hidden or semi-secret financial arrangements within the transfer market and player contracts.

There is ongoing speculation about additional undisclosed payments, with prosecutors indicating the focus will be on pinpointing specific documents that Juventus may have signed with players during the 2020 season. Reports indicate that during the COVID-19 quarantine period beginning in March 2020, Juventus players did not forfeit four months of salary but instead received “B” payouts for three months after entering into these concealed agreements. These details have fueled debates about compliance, transparency, and the precise accounting of salary structures during a period of unprecedented disruption in world football.

As the investigation unfolds, observers are watching how the club will respond to the charges and what the case might reveal about the broader practices in professional football’s transfer and financial reporting landscape. The outcome remains uncertain, and the parties involved have emphasized the seriousness with which such allegations are treated in Italian corporate and sports governance contexts. [Source: La Gazzetta dello Sport]

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