Juventus reply to economic mismanagement research

Juventus have careworn their innocence after seeing their headquarters raided by using police as a part of an investigation into alleged fake accounting.

Officials went to workplaces in both Turin and Milan to pick up paperwork regarding Juventus' financial facts over the past few years, with investigators not satisfied about the validity in their switch profits between 2019 and 2021.

In a declaration on Saturday night, Juventus insisted they have been happy to work with the prosecutors as they consider they have not anything to hide.

"Juventus recognizes that the Public Prosecutor's Office of the Court of Turin has started out investigations in opposition to the Company and some of its present day officers (Andrea Agnelli), Pavel Nedved and Stefano Cerrato) and former officials concerning object 'Revenues from gamers' registration rights" of the monetary statements as of and for the years ended June 20, 2019, 2020 and 2021," the statement examine.

"The Company is cooperating with the investigators and with CONSOB and trusts that it will clarify any thing of interest to it as it believes to have acted in compliance with the laws and regulations governing the coaching of economic reviews, according with accounting ideas and in step with the worldwide exercise within the soccer industry and market situations.

"In connection with the capital growth, which became resolved upon by way of the Shareholders’ meeting on October 29, 2021, the Company hereby confirms the timing disclosed within the press launch dated November 22, 2021 and, thus, that the length for the exercising of pre-emptive rights and trading of such rights will commence on November 29, 2021."

Investigators are believed to be searching into no fewer than forty two transfers from the membership, the most outstanding of which changed into the arguable change cope with Barcelona involving midfielders Miralem Pjanic and Arthur, neither of whom had been accused of any wrongdoings.

Reports have additionally recommended that the manner in which Juventus declared Cristiano Ronaldo's wages is likewise underneath investigation. Again, the player himself isn't believed to have any involvement in this.

Prosecutors are specializing in fake documents from agencies associated with Juventus and invoices for non-existent transactions, with fears that the Bianconeri may additionally have made up their income which will stability the books.

Juventus have argued their innocence, but prosecutors maintain to trawl thru the mountain of paperwork.