The Italian Football Federation on Friday deducted 15 points from Juventus’ accumulated points this season on the Serie A table.
The club was found guilty of inflating transfer values and lying to financial officials in an attempt to save money.
A statement from the FIGC confirmed the punishment in a statement that read: “The Federal Court of Appeal presided over by Mario Luigi Torsello has partially accepted the appeal of the Federal Prosecutor’s Office… sanctioning Juventus with 15 penalty points to be served in the current football season and with a series of inhibitions for 11 Juventus executives (30 months for [Fabio] Paratici, 24 months for [Andrea] Agnelli and [Maurizio] Arrivabene, 16 months for [Federico] Cherubini, eight months for [Pavel] Nedved, [Paolo] Garimberti, [Enrico] Vellano, [Assia] Venier, [Caitlin] Hughes, [Daniela] Marilungo and [Francesco] Roncaglio).”
Although, Bianconeri have confirmed that they will be appealing the decision.
However, The PUNCH examines the offence of the club and brings you five things the club is currently facing aside from the 15 points reduction.
1. Juventus lied
The Biaconeri lied to financial officials in an attempt to save money by inflating players’ transfer values, saving the club millions in player salaries and transfer budgets.
2. Irregular players swapping
Prosecutors took issue with a number of irregularities stemming from player transactions, including the now infamous player swap with Barcelona that sent Arthur to Juventus and Miralem Pjanic to Barcelona. In total, 62 transfers were inspected, of which 42 involved Juventus.
3. Falsified figures as players’ salaries
The club was also in the spotlight for claiming to have saved €90 million (£78m/$97m) in player salaries back in 2020, helping the club’s value stay steady on the stock market.
4. Management massive resignation
The Juventus board, including president Andrea Agnelli and vice-president Pavel Nedved, resigned from their posts in November after authorities raised suspicions of a number of financial violations, including wage reductions during the COVID-19 pandemic and unusual transfer deals in which player values were inflated.
5. Point reduction and absolute suspension of board members
As well as the 15 points deduction, board members past and present have been hit with suspensions by the FIGC. Among those is current Tottenham director Fabio Paratici, who has been handed a 30-month suspension.
Via https://punchng.com/five-things-to-know-about-juventus-15-point-deduction/?amp
