Following an appeals hearing at the Italian football federation, Juventus, a Serie A powerhouse, was assessed a severe 15-point penalty for alleged falsified accounting on Friday.
Juventus was charged by the FIGC with using transfers to ostensibly boost their balance sheet. The points deduction has dealt Juve a devastating blow, seriously jeopardising their chances of competing in the Champions League the following year.
Juve drops from third to tenth place in Italy’s top division with just 22 points, 15 of which came from the top four spots. The club declared that it would challenge the ruling before the Italian Olympic Committee’s highest sports court.
Additionally, nine other members of Juve staff or former board, who resigned collectively in November in the wake of a Turin public prosecutors investigation into alleged false bookkeeping, received additional bans in addition to former Juventus president Andrea Agnelli and former club CEO Maurizio Arrivabene receiving two-year football activity bans.
Federico Cherubini, the current sporting director of Juventus, was also given a 16-month suspension, a serious penalty that Juventus said in a statement they would appeal. Pavel Nedved, a legendary player and former vice president, was also given an eight-month suspension.
The decision overturned one made in April that exonerated Juventus, 10 other clubs, and their executives from wrongdoing. In order to review new evidence gathered by public prosecutors in the city of Turin who are looking into Juventus’ finances, authorities reopened the case and asked that part of the original ruling be overturned.
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