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Friday, March 31, 2023

Juventus Face Relegation Over Capital Gains Case

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The Italian association for the protection of consumer rights, CODACONS, claims Juventus ‘could be relegated to Serie B and stripped of their latest Scudetto’ in respect of the capital gains case.

CODACONS is linked to CONI, the Italian Olympic Association, and its President Marco Donzelli spoke about the investigation into Juventus’ capital gains business.

The Serie A giants are accused of false accounting and Donzelli revealed they could be sanctioned with relegation to Serie B and the revocation of the titles won ‘in the shadow of these potentially illegal operations’.

“The accusatory system is very serious and throws a sinister light on the last football championships, also because there has been a real Juventus dominance in recent years, which ended in the past year,” Donzelli said, according to TMW.

“If Juventus were to have illegitimately gained an advantage over rival clubs with operations of this type, then the regularity of the last football championships would fail and, as a consequence, the Federation and the Authority for market competition will have to intervene and sanction those responsible.

“Beyond individual responsibilities, the club will not be exempt from punishment. For this reason and to protect thousands of fans, we will present a complaint to the Antitrust and the Federal Prosecutor’s Office asking for the relegation to Serie B for Juventus and the revocation of the last league titles won in the shadow of these potentially illegal operations.”

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