Juventus respond to monetary mismanagement research

Juventus respond to monetary mismanagement research

Juventus have confused their innocence after seeing their headquarters raided by police as a part of an investigation into alleged false accounting.

Officials went to places of work in both Turin and Milan to pick up paperwork regarding Juventus' economic statistics during the last few years, with investigators no longer convinced approximately the validity of their transfer earnings among 2019 and 2021.

In a statement on Saturday night, Juventus insisted they have been happy to paintings with the prosecutors as they accept as true with they have not anything to cover.

"Juventus recognizes that the Public Prosecutor's Office of the Court of Turin has commenced investigations against the Company and a number of its present day officials (Andrea Agnelli), Pavel Nedved and Stefano Cerrato) and previous officials regarding object 'Revenues from players' registration rights" of the financial statements as of and for the years ended June 20, 2019, 2020 and 2021," the statement examine.

"The Company is cooperating with the investigators and with CONSOB and trusts that it will clarify any component of interest to it as it believes to have acted in compliance with the laws and regulations governing the instruction of economic reviews, according with accounting principles and in line with the international exercise within the football enterprise and marketplace situations.

"In reference to the capital increase, which was resolved upon by means of the Shareholders’ meeting on October 29, 2021, the Company hereby confirms the timing disclosed in the press release dated November 22, 2021 and, for that reason, that the length for the exercising of pre-emptive rights and trading of such rights will commence on November 29, 2021."

Investigators are believed to be searching into no fewer than 42 transfers from the membership, the maximum prominent of which became the debatable swap cope with Barcelona regarding midfielders Miralem Pjanic and Arthur, neither of whom have been accused of any wrongdoings.

Reports have additionally recommended that the way in which Juventus declared Cristiano Ronaldo's wages is likewise underneath investigation. Again, the participant himself isn't believed to have any involvement on this.

Prosecutors are specializing in fake files from businesses associated with Juventus and invoices for non-existent transactions, with fears that the Bianconeri can also have made up their income on the way to balance the books.

Juventus have argued their innocence, however prosecutors keep to trawl thru the mountain of office work.

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