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Gianluca Ferrero - 1 Ferrero - 1 Chelsea - 1 Tommy Lund - 1 Aadi Nair - 1 Pritha Sarkar - 1
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☆ Italy's Juventus excluded from European competition next season - UEFA
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +3 min
The UEFA Club Financial Control Body (CFCB) opened a formal investigation into Juventus in December, months after the Italian side was among eight clubs that reached a settlement with UEFA for failing to comply with break-even requirements. In a statement on Friday, European soccer's governing body said it would "impose an additional financial contribution of 20 million euros on the club. However, we have decided not to appeal this judgment," Juventus Chairman Gianluca Ferrero said. "Following the club's sale in May 2022, the new ownership identified, and proactively reported to UEFA, instances of potentially incomplete financial reporting under the club’s previous ownership," UEFA said. Chelsea, who finished 12th in the Premier League following a chaotic campaign, will not be competing in Europe in 2023-24.
Persons: Gianluca Ferrero, Ferrero, Chelsea, Tommy Lund, Aadi Nair, Pritha Sarkar Organizations: Juventus, Premier League, Chelsea, UEFA Club, UEFA, Conference League, Serie, UEFA Champions, CHELSEA, London, Thomson Locations: Europe, Chelsea
☆ Juventus await decision on appeal against 15-point deduction
  + stars: | 2023-04-19 | by ( ) www.reuters.com   time to read: +1 min
Italy's Sports Guarantee Board held a hearing earlier on Wednesday and a decision was expected either later on Wednesday or on Thursday. Juventus, the most successful soccer club in Italy, has appealed a sentence that Italy's soccer court issued in January following an investigation into the way the club and a number of other teams dealt with player exchange deals. As part of the January's sentence, which left Juventus outside the qualifying spots for lucrative European competitions, the court also imposed bans from holding office in Italian soccer on 11 past and present club directors. Juventus's lawyer Maurizio Bellacosa said January's sentence was "full of mistakes" and that it had to be cancelled. Reporting by Angelo Amante and Giulio Piovaccari Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.
☆ Italy's Juventus docked 15 points for transfer deals
  + stars: | 2023-01-20 | by ( Giulio Piovaccari | ) www.reuters.com   time to read: +3 min
With 20 games left to play this season, Juve were third in Serie A with 37 points, 10 behind leaders Napoli. In a late night statement, the court also imposed bans from holding office in Italian soccer on 11 past and present Juventus directors. Juventus said it would appeal to the country's Sport Guarantee Board once the reasons for the ruling were published. CASE REOPENEDThe ruling reversed a previous decision in April to clear Juventus, 10 other clubs and their executives of wrongdoing. Public prosecutors in Turin have requested Andrea Agnelli, 11 other people and the club itself to stand trial over allegations of false accounting.
☆ Agnelli warns of Premier League dominance as he quits Juventus
  + stars: | 2023-01-18 | by ( Giulio Piovaccari | ) www.reuters.com   time to read: +4 min
SummarySummary Companies Agnelli warns Premier League will marginalise rivalsStepping down from Juventus and two other board rolesNew Juventus board faces legal battle over accountsTURIN, Italy, Jan 18 (Reuters) - Outgoing Juventus <JUVE.MI> Chairman Andrea Agnelli, who could face trial over the club's accounting, signed off on Wednesday with a plea for reform of European soccer to counteract the power of the English Premier League. As well as leaving Juventus, Agnelli also said he would step down from his board roles at carmaker Stellantis (STLA.MI) and Exor (EXOR.AS), the Agnelli family holding company which controls the football club. Prosecutors in Turin have requested that Agnelli, 11 other people and the club stand trial over allegations of false accounting. "I believed and still believe that European soccer needs structural reforms to tackle the future," he said. Andrea Agnelli retains his role as board member at Giovanni Agnelli B.V., Exor's controlling shareholder, which groups all descendants of Fiat founder Giovanni Agnelli.
☆ Juventus has no requirement of additional capital, says Exor's Elkann
  + stars: | 2022-11-30 | by ( Daniel Wiessner | ) www.reuters.com   time to read: +1 min
MILAN, Nov 30 (Reuters) - Serie A soccer club Juventus (JUVE.MI) does not need a fresh capital injection, the chief executive of controlling shareholder Exor (EXOR.AS) said on Wednesday. Exor on Tuesday proposed accountant Gianluca Ferrero as the new chairman of Juventus, marking the end of the long reign of Andrea Agnelli as the Italian soccer club tries to get to grips with its financial and legal troubles. "Juventus has no requirement of capital," Exor CEO John Elkann told analysts and investors at a business presentation of the holding company of Italy's Agnelli family. "Football is a very valuable sector, the ingredients that Juventus has and the leadership ahead are going to make the differences," Elkann said, adding Exor was very encouraged by the future of the club. Reporting by Giulio Piovaccari Editing by Keith WeirOur Standards: The Thomson Reuters Trust Principles.
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