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Juventus’ Alleged Fraud and License Violations are Being Investigated by UEFA

Juventus emblem

MANCHESTER, ENGLAND - MAY 06: The Juventus club crest on the first team home shirt displayed on May 6, 2020 in Manchester, England (Photo by Visionhaus)

Multiple reports have indicated that UEFA has launched an inquiry into Italian Serie A powerhouse Juventus for what may have been a violation of the organization’s club licensing and financial fair play rules.

According to Reuters, Italian prosecutors have called Juventus, the club’s former chairman Andrea Agnelli, and 11 other individuals to testify in a case involving alleged false accounting.

For the previous three seasons, the club is thought to have partially acknowledged financial loss. According to reports, financial losses for the 2018–19, 2019–20, and 2020–21 seasons were overstated.

According to BBC Sport, UEFA is investigating any potential fraud involving the money used to transfer players between teams. Additionally, according to Juventus, salaries that were forgone during the COVID-19 pandemic may have violated FFP rules.

After being implicated in multiple financial scandals in recent months, which contributed to the decision by the club’s whole board of directors to retire from their positions, the most recent development is one of the unfortunate events that have befallen Juventus.

The Spanish league La Liga reiterated its demand on Tuesday for Juventus to face “immediate sports sanctions.”

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