On Friday, Italian authorities raided Juventus’ Turin and Milan offices, seizing documents related to transfers, invoices, and agent fees.
COVISOC, the Italian football watchdog, and Consob, the Italian financial authority, are conducting an inquiry that will look at profit from transfers and fees for agents between 2019 and 2021.
Statement from the Turin Public Prosecutor’s Office:
“Since this afternoon, on the orders of this Public Prosecutor’s Office, soldiers of the Guardia di Finanza have been carrying out local searches at the Turin and Milan offices of Juventus Football Club Spa.
“The financiers of the Turin Economic-Financial Police Unit, delegated to the investigations, were instructed to find documentation and other useful elements relating to the company financial statements approved in the years from 2019 to 2021, with reference to both the purchase and sale of rights to the sports performance of the players, and the regular formation of financial statements.
“At present, the activities are aimed at ascertaining the crime of false communications from listed companies and issuing invoices for non-existent transactions, towards the top management and the managers of the business, financial, and sports management areas.
“Under consideration, there are various transfer operations of professional players and the services rendered by some agents involved in the relative intermediaries.”
Who is being investigated?
Six Juventus directors, including chairman Andrea Agnelli, vice-chairman and former player Pavel Nedved, and former sporting director Fabio Paratici, who is currently at Tottenham Hotspur, are under investigation, according to Italian media.
