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Juventus turmoil: Police raids and clashes in Serie A | NWN News

As if the raid on their offices by police probing financial crimes wasn’t serious enough for Juventus, Italy’s most successful football team continues to endure damaging turmoil on the field as well.

For nine consecutive seasons, Juventus won the Italian title before being dropped as champions by Inter Milan in May. Now the team is being booed by its fans as it rolls down the standings.

Gering left the 36-time Italian champions in eighth place after more than a third of the season after a 1-0 loss to Atalanta on Saturday. It is no longer about trying to clinch the title, just a scramble to avoid missing out on lucrative UEFA proceeds with Atalanta seven points ahead of Atalanta in the fourth and last Champions League qualification place.

However, after a disappointing 4-0 defeat at Chelsea on Tuesday, at least one place in this season’s Champions League round of 16 has already been secured for February.

However, much uncertainty remains in the coming weeks after financial police searched the club’s offices in Turin and Milan to collect information related to player transfers and agent deals between 2019 and this year. Can go

Prosecutors are investigating whether Juventus, which is listed on the Milan stock exchange, misled investors – specifically whether invoices for non-existent transactions were issued to demonstrate income, which in turn was Can be considered incorrect accounting. The complexity of the matter may center on the challenges surrounding determining how much a player transfer exceeds the expected value.

Juventus confirmed that its president, Andrea Agnelli, were under investigation along with vice-president Pavel Nedved, a decorated former player, chief financial officer Stefano Cerrato and other former employees.

Italian markets regulator CONSOB is probing Juventus’ revenue from player trading which stood at 43.2 million in 2020-21 and 172 million in the previous financial year.

“The company is cooperating with investigators,” Juventus said in a statement, “and with CONSOB and the trusts that it will clarify any aspects of interest that it believes have taken control of financial preparation.” Has acted in compliance with the laws and regulations of the report, in accordance with accounting principles and in line with international practice in the football industry and market conditions.

The investigation is another blow for Agenli, who brought back title-winning coach Massimiliano Allegri after struggling Andrea Pirlo in his singles season in charge.

The end of the team’s Serie A supremacy coincided with a fall from grace in football politics for Agnelli, whose reign as head of the European Club Association split from UEFA in April and his ill-fated attempts to create a largely closed Super League. ended with. ,

Angeli is still linked with Barcelona and Real Madrid hoping to launch a separate competition that locks in places for elites like Juve.

The reason the two-time European champions are so desperate for such a competition is reinforced by its domestic struggles and the defeat of teams like Atalanta, which only made their Champions League debut in 2019.

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