Juventus in turmoil as entire board members resign

November 29th, 2022 by Olasunkanmi Ibikunle

Juventus have officially confirmed that all board members, including Andrea Agnelli, have resigned and have appointed Maurizio Scanavino as their new CEO.

Andrea Agnelli, Pavel Nedved and eight more board members, including CEO Maurizio Arrivabene, have resigned, Juventus confirmed with an official statement.

The Bianconeri are being investigated for suspicious transfers with inflated values in order to gain capital gains. Investigators looked into financial statements for 2018, 2019 and 2020.

2021-22 saw a year of record-breaking losses published by the Turin club, with a £220million (€254.3m) loss being registered by the Serie A giants.

The decision was made upon the proposal of president Agnelli, after the board agreed that it was in the best interest of the club for a new board to take over at Juventus.

According to various Italian media outlets, the unanimous decision comes as a result of the body’s involvement in the Prisma investigation, opened by the Turin Public Prosecutor’s Office.

The Turin Prosecutor also investigated the four months’ salaries Juventus players gave up in 2020, following the COVID pandemic. Investigators aim to prove that Juventus players didn’t give up on the entire sum, but only missed one month and continued to receive money thanks to private agreements with the club, contrary to what Juventus, one of the clubs listed on the stock market, had communicated.

  • Comments Off on Juventus in turmoil as entire board members resign
  • Posted in Uncategorized

Comments are closed.