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Juventus have reportedly been handed a 15-point penalty for their alleged usage of falsified capital gains. The punishment would see the Old Lady fall to 11th in the Serie A in a huge blow to their hopes of European football next season.
Juventus have been under investigation since last year for alleged financial mismanagement, with prosecutors looking into whether or not the Italian giants misrepresented financial losses between 2018 and 2020 particularly around player sales. The club themselves have always denied any wrongdoing.
As a result of the investigation the entirety of the club’s board, including president Andrea Agnelli and club legend Pavel Nedved, resigned en masse leaving the Turin side facing a significant transition period.
The Italian Football Federation launched their own investigation into what had happened with prosecutor Giuseppe Chine taking the case to the Federal Court of Appeals to reopen the sporting trial against the club. It has been granted and as a result, Juventus will be given a 15-point penalty but they do have the option to appeal.
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