Saturday, March 25, 2023

Prosecutors search trial for former Juventus chairman Agnelli

 Prosecutors in Italy have requested that former Juventus Chairman Andrea Agnelli, 11 different individuals and the membership itself stand trial over allegations of false accounting on the nation’s most profitable soccer group, a senior supply with direct information of the matter mentioned on Thursday.

Prosecutors within the northern Italian metropolis of Turin, the place Juventus are based mostly, have been investigating the membership’s accounting and statements made to monetary markets over the previous three years.

Agnelli stepped down as chairman earlier this week. Juventus have denied any wrongdoing and the membership mentioned on Wednesday that it might defend its pursuits with all sporting and authorized our bodies.

Beneath Italian regulation, a request for trial is notified to suspects solely as soon as a court docket listening to has been scheduled. On the finish of the particular listening to, a decide should resolve whether or not to ship the defendants to trial or acquit them.

Turin prosecutors allege the membership understated its monetary losses for 3 seasons – 2018-19, 2019-20 and 2020-21.

They’ve been wanting into the values ascribed to participant transfers between golf equipment and whether or not, as said, salaries had been sacrificed throughout the COVID-19 pandemic or just deferred.

The membership is managed by the Agnelli household’s Exor holding group and its shares additionally commerce on the Milan Inventory Trade.

Exor mentioned on Thursday it had no touch upon Juventus. .

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