The Cult of Calcio
Italian Football and Serie A News in English
Following the recent revelations, UEFA opened a probe to determine whether Juventus violated the Financial Fair Play. The Bianconeri listed the danger of being excluded from the current competitions among the possible sanctions in their balance sheets. It was a legal obligation and referred more to the Super League controversy.
As per La Gazzetta dello Sport, the international federation is waiting for the paperwork from the Turin prosecutors. Its arrival isn’t imminent. Andrea Agnelli and the other executives will likely stand trial for numerous accusations of financial crimes, but they only marginally interests the sports authorities.
Instead, UEFA will look into whether Juventus committed different types of infractions. For instance, utilizing offshore companies or under-the-table payments to hide debts and lower losses. They are obviously prohibited and would trigger the most severe punishments.
As for the Italian sports justice, the federal prosecutor might not relitigate the so-called fake plusvalenze, which dominate the wiretapped discussions. The Bianconeri were acquitted last summer. The new elements might not change the ruling. The non-bis in idem principle applies.
Instead, the main focus will be on the agreements with players to forfeit four monthly wages during the pandemic. While the Old Lady announced as such, the footballers gave up just one installment in reality. The other three ones were gradually settled in the following seasons, either as loyalty bonuses or incentives to leave. If that differs from what they formally communicated to the League, it could lead to suspensions and penalization points. Cristiano Ronaldo is still owed €20M, a sum that hasn’t been accounted for, but he hasn’t asked for it yet either, Corriere della Sera relays.
UEFA Waiting to Learn Severity of Juventus Infractions – The Cult of Calcio
The Cult of Calcio