Italian side Juventus Set to Miss Champions League After Court Issues Penalty
Juventus have received a 10-point deduction from the Italian football federation due to irregularities in their financial records.
Initially, the Serie A team had been penalized with a 15-point sanction in January, but the penalty was later overturned following an appeal.
However, the federal court of appeal stepped in, prompting the federation to impose a new punishment, potentially preventing the club from participating in European competitions next season.
The sanctions are related to the club’s manipulation of player values in their accounting by using artificial capital gains.
While the appeal court upheld the charges against the club, officials Pavel Nedved, Paolo Garimberti, Assia Grazioli Venier, Caitlin Mary Hughes, Daniela Marilungo, Francesco Roncaglio, and Enrico Vellano were acquitted of any wrongdoing.
Former Tottenham sporting director Fabio Paratici, who served as Juventus’ sporting director from 2018 to 2021, received a two-year global ban from FIFA in April for his involvement in the matter. Consequently, he resigned from his position at Spurs.
In response to the ruling, Juventus stated that they have taken note of the decision and reserve the right to review the reasons behind it and consider a possible appeal.
The club expressed deep disappointment, stating that the ruling has caused bitterness among the club and its millions of supporters. They believe that the sanctions imposed do not consider the principle of proportionality.
As a result of the points deduction, Juventus has dropped to seventh place in the Serie A table, sitting just one point outside the European qualification positions.