Italian giants, Juventus have been deducted 15 Serie A points for alleged financial irregularities and false accounting.
While Tottenham’s transfer chief Fabio Paratici has been handed a 30-month ban from Italian football for his involvement.
The prosecutor claimed that Juventus misrepresented their losses between 2018 and 2020, particularly regarding the amount credited to player sales.
Although the initial recommendation from the FIGC Prosecutor’s Office was for a nine-point penalty, Federal Prosecutor Giuseppe Chine said:
“The penalty must be afflictive. Juventus must now finish behind Roma, outside of the European Cup spots.”
The Court of Appeals, however, decided to strike down a 15-point penalty, which leaves them on 22 points in tenth position alongside Bologna and Empoli, outside of the European spots the club usually contends for. They were previously in third position in Serie A behind league leaders, Napoli, and AC Milan.
Furthermore, a two-year suspension has been given to the club’s CEO Maurizio Arrivabene and former sports director, Fabio Paratici. Paratici is now the managing director of football at Tottenham. The former vice-chairman Pavel Nadved has been handed an eight-month suspension.
Former president of the club Andrea Agnelli also received a two-year suspension while current sporting director Federico Cherubini was hit with a ten-month ban.
The other clubs involved in the investigation Empoli, Genoa, Sampdoria, Parma, Pisa, Pescara, Novara, and Pro Vercelli have all been acquitted.
Juventus, who have been waiting for proceedings to develop since October after finding out the investigation was re-opened, has denied any wrongdoing on their part. It is being widely reported in Italian media that the club will appeal the decision.
They have 30 days to do so. If the appeal is successful, the penalty cannot be changed, and it will be removed in its entirety.
