Europa League
Juventus: UEFA is conducting its own investigation and is threatening sanctions
UEFA has announced that it has launched an investigation into the Juventus case and will not hesitate to terminate the agreement with the Italians if it is found that they have presented incorrect balance sheets.
Juventus finances are at the center of three separate investigations that could lead to severe sanctions for the “Bianconeri” and have already led to the resignation of the entire board.
The Turin Prosecutor’s Office and the National Commission for Listed Companies are investigating the finances of the case of capital gains allegedly made by the club through certain transfers, as well as the case of wages “donated” by footballers during the pandemic.
In the first case, it is difficult to find evidence of guilt, but the ANSA news agency supports the second case “clear offense” and for “strong elements”.
A third probe into the club’s finances was announced by UEFA’s Financial Control Authority on Thursday. According to the statement, Juventus and UEFA reached a compromise on August 23, 2022 based on the balance sheets presented by the Italians for the 2018, 2019, 2020, 2021 and 2022 financial years.
According to UEFA, the European Confederation reserves the right to terminate the agreement, take legal action against Juventus and punish them under financial fair play conditions if their investigation reveals that the dates are incorrect.
The severity of the potential penalty will depend on the magnitude of the discrepancies between the accounts on file and the true picture of the club’s finances.
Source: sport 24
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