End of the soap: Juventus accepts points deduction and receives a hefty fine for financial fraud

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Juventus has been fined 718,240 euros for fraudulent accounting. The court of the Italian Football Federation (FIGC) announced this on Tuesday.

Vincent Van GenechtenBron: BELGIAN

Several directors of the Old Lady, including former sporting director Fabio Paratici and former vice-president Pavel Nedved, negotiated their sentences with the prosecution, meaning that Juve will no longer appeal against the 10-point deduction it had at the beginning of the year got.

In a statement, Juventus reaffirmed “the correctness of its actions and the solidity of its defense arguments” and explained that “the completion of all procedures initiated by the FIGC allows the club to achieve a certain result, allowing the period of instability comes to an end. This allows the management, coach and players to focus on the next season.” Former Juventus president Andrea Agnelli, who resigned in January, failed to reach an agreement with the Italian Football Association’s public prosecutor’s office and will be sentenced on June 15.

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Last month, the Italian Olympic Committee ruled that the matter should be reviewed, after which Juventus got its points back for the time being. The points deduction has dropped Juve from second to seventh in Serie A, a place that entitles them to a ticket for next season’s Conference League. Although it can still advance to fifth or sixth place on the last day, so that it can play in the Europa League again.

Juventus must pay for creating capital gains in player transfers. Juventus would also have secretly paid players during the first months of the corona crisis. That while the club reported that all players had handed in four months’ salary.

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