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The entire board of Juventus, including president Andrea Agnelli, have announced their resignations.
It comes after Juventus’s financial statements underwent scrutiny by prosecutors and Italian market regulator Consob in recent months for alleged false accounting and market manipulation. The company has denied any wrongdoing.
Juventus docked 15 points in Serie A by Italian federation for false accounting
Penalty is tougher than the nine points requested by prosecutor
Spurs seeking clarification on Fabio Paratici’s 30-month ban
Juventus were hit with a 15-point penalty for false accounting on Friday following an appeal hearing at the Italian football federation.
The punishment could eliminate the club’s chances of playing in Europe next season. With 20 games left to play in this season, Juve were third in Serie A, 10 points adrift of the leaders Napoli, who beat them 5-1 last week. The points deduction would push them down into mid-table, outside the spots for European competition.