{"id":81132,"date":"2023-01-21T15:07:39","date_gmt":"2023-01-21T15:07:39","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/juventus-handed-15-point-deduction-in-league-standings-for-capital-gains-violations"},"modified":"2023-01-21T17:00:16","modified_gmt":"2023-01-21T17:00:16","slug":"juventus-handed-15-point-deduction-in-league-standings-for-capital-gains-violations","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/juventus-handed-15-point-deduction-in-league-standings-for-capital-gains-violations","title":{"rendered":"Juventus handed 15-point deduction in league standings for capital gains violations"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Kenya. <\/strong><\/span>Italian football powerhouse Juventus on Friday were given a 15-point reduction in the standings in the Italian top-tier Serie A for capital gains violations.<\/p>\n<p>The Italian Football Federation (FIGC) confirmed the sanction against the Turin club and banned 11 former senior executives, including the former chair Andrea Agnelli, former vice-president Pavel Nedved and former sporting director Fabio Paratici.<\/p>\n<p>Juventus were reportedly being investigated for &#8220;false accounting&#8221; and &#8220;market manipulation.&#8221;<\/p>\n<p>The Federal Court of Appeal of the FIGC &#8220;partially accepted&#8221; the appeal of the Federal Prosecutor&#8217;s Office and gave a 30-month ban to Paratici, 24-month ban to Agnelli and Juventus&#8217; ex-CEO Maurizio Arrivabene, and an eight-month ban to Nedved, who was a Juventus midfielder before his executive role.<\/p>\n<p>Paratici is the current Managing Director of Football at English Premier League club Tottenham Hotspur.<\/p>\n<p>Juventus director Federico Cherubini was among the 11 executives penalized. Cherubini was sanctioned with a 16-month ban.<\/p>\n<p>The entire Juventus board, including Agnelli and Nedved, resigned Nov. 28, for charges of false accounting.<\/p>\n<p>Italian businessman Gianluca Ferrero, 60, was officially appointed president of Juventus, the club said Wednesday.<\/p>\n<p>After the mass exodus, Ferrero was appointed new chairman by Exor, the holding company that owns a majority of the club&#8217;s shares.<\/p>\n<p>This week, Juventus named their new board of directors.<\/p>\n<p>In November 2021, as part of an investigation launched by the Turin Public Prosecutor&#8217;s Office, the Guardia di Finanza raided Juventus\u2019 offices because of financial irregularity claims.<\/p>\n<p>The Turin Public Prosecutor&#8217;s Office previously said police searched offices to inspect the Serie A club&#8217;s approved financial statements and footballers&#8217; deals in 2019 &#8211; 2021.<\/p>\n<p>The financial probe seeks to inspect profits from transfers and agents\u2019 fees during those years. Agnelli, Nedved and Paratici have been previously under investigation.<\/p>\n<p>After the point deduction, Juventus were lowered to the 10th spot with 22 points in the Italian league, risking qualification for European cups next season.<\/p>\n<p>Juventus are far from the top of the league.<\/p>\n<p>Napoli have 47 points to top Serie A. The Naples club&#8217;s nearest opponents in the league table are AC Milan and Inter Milan.<\/p>\n<p>Second-place AC Milan have 38 points and Inter are one point behind their archrivals.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/kenya\">Kenya<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. Italian football powerhouse Juventus on Friday were given a 15-point reduction in the standings in the Italian top-tier Serie A for capital gains violations. The Italian Football Federation (FIGC) confirmed the sanction against the Turin club and banned 11 former senior executives, including the former chair Andrea Agnelli, former vice-president Pavel Nedved [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":81130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[6857,7003,544],"class_list":["post-81132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Juventus handed 15-point deduction in league standings for capital gains violations - kenya<\/title>\n<meta name=\"description\" content=\"Italian football powerhouse Juventus on 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