The end of the entire management floor of Juventus in Turin around club boss Andrea Agnelli is shaking up Italian football.
After a decade of success, the once-celebrated scion of the Agnelli dynasty caught alleged million-dollar financial tricks in the record champions; Prosecutors and the stock exchange watchdog are investigating, and charges are expected soon.
Turin newspaper Tuttosport reported on Tuesday about a “new era”, hours after Juve announced the resignation of the entire board. Gazzetta dello Sport saw a “revolution” of events.
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Maurizio Scanavino has been appointed as the new CEO and Gianluca Ferrero is set to become President. Both are seen as confidants of John Elkann, Andrea Agnelli’s cousin: the head of Ferrari at European car giant Stellantis and the family’s investment company Exor, according to experts, will be Juve’s new strongman.
Alessandro Del Piero before returning?
Meanwhile, fans are hoping for the return of Torino’s old football heroes, most notably Alessandro Del Piero. in 2006 the world champion told broadcaster BeIN Sports as a World Cup pundit on Monday night: “Let’s see what happens. No one has called me yet.”
The former striker said his 19 seasons at the Old Lady had given him a “very deep” connection to the club, with which he had “been through everything”. Among them was the forced relegation to Serie B in 2006 following a referee-tampering scandal.
Del Piero hoped that the new case did not have that size. Prosecutors in Turin are facing 16 suspects, including Agnelli, his vice-president Pavel Nedved and CEO Maurizio Arrivabene, and are accused of, among other things, accounting fraud and stock manipulation. Charges could be filed by Christmas, with a trial expected to begin in the spring, according to reports.
Deliberately falsified player market values?
On the one hand, the reason is the fictitious player ratings. The record champion is accused of intentionally assigning false market values to some of his professionals – in 2018, 2019 and 2020 alone, the balance was whitewashed by 115 million.
The Italian Football Association’s sports court has effectively acquitted Juve and other clubs of the charges, but new findings from the prosecution could see the proceedings reopened, as was speculated on Tuesday.
In addition, the stock exchange supervisory authority (Consob) became more active due to the latest balance sheet data. According to the auditors, the people of Turin did not follow the rules during the corona pandemic to save the annual reports.
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Juventus bosses are accused of formally agreeing to pay cuts with players. However, this amount was later returned to the professionals in secret transactions without being disclosed in the annual financial statements. Most recently, the club reported record losses for the 2021/22 season – 254.4 million. (dpa/dhe)