A fresh judgement by an Italian soccer court in a case that centered on Juventus’s transfer dealings resulted in the club being penalized ten points for the current Serie A season. The lawsuit was brought about by Juventus.
The sanction, which was immediately followed by a loss to Empoli by a score of 4-1 on Monday evening, has dropped Italy’s most successful soccer team all the way down to seventh position in Serie A, placing it outside of the slots that qualify for European participation.
when being asked to examine a 15-point penalty that was handed down in the same instance back in January, the appeals court of the Italian Soccer Federation issued the sentence when it was urged to do so.
Before determining whether or not to lodge a second appeal, Juventus stated that it will wait to learn the specifics of Monday’s verdict.
The manner in which Juventus club has accounted for capital gains, also known as “plusvalenza” in Italian, on transfer transactions, most notably player swaps, is subject to investigation.
To summarize, clubs may instantly book revenue from players they sell, whereas the price for incoming transfers can be spread out over the course of a player’s contract. That opens the door for the possibility of artificially boosting profits in the near term by artificially increasing the value placed on players who are leaving a club.
The soccer club Juventus has denied any wrongdoing and claims that its accounting practices are in conformity with those of the sports business. In a second sports trial connected to their accounts, Juventus is facing the possibility of receiving more penalties.
This trial has been ordered by the FIGC because of suspected irregularities in the club’s payments to players and inappropriate contacts with player’s agents and other clubs. Additionally, the FIGC is investigating if the club has improper links with other clubs.
According to the Italian news agency ANSA, the hearing for this case is scheduled to take place on June 15, following the conclusion of the current Serie A season.
Due to the fact that Juventus only has two more league matches to play, it is unlikely that the team will finish in the top four and earn a berth in the next season’s Champions League.
Due to the continuing legal disputes they are engaged in with the soccer authorities, it is possible that they may be docked further points for either the 2022–2023 season or the season that would follow.
When Juventus were knocked out of the Champions League in the round of 16, they collected 78 million euros ($85.86 million) in media rights revenue for the next season. If we were to withdraw from the tournament, it would be far more difficult to attract and keep the best players from Europe.
A hearing has begun in Turin before a judge who will determine whether or not to grant the request of public prosecutors to bring 12 individuals, including the former chairman of Juventus Andrea Agnelli, as well as the club itself to trial.
The governing body of European soccer said in December that the UEFA Club Financial Control Body (CFCB) had initiated a formal investigation into Juventus for alleged violations of the Club Licensing and Financial Fair Play regulations.