Juventus have been docked 15 points for financial irregularities and false accounting in connection with player transfer deals. The club is accused of deliberately inflating player valuations on its balance sheet to boost capital gains. 11 former and current club executives are also charged with bans from holding office in Italian football by the Italian Football Federation (FIGC). The prime culprit, ex-Juventus Sporting Director and current Tottenham MD, Fabio Paratici, has been handed a 30-month ban. Former President Andrea Agnelli and Vice President Pavel Nedved also received 24-month and eight-month suspensions, respectively. Interestingly, this is not the first time Italy’s most successful club has been penalised for wrongdoing. In 2006, the Old Lady was stripped of their Serie A title and relegated to Serie B for match-fixing. The points deduction diminishes Juventus' chances of qualifying for the UEFA Champions League next season, which could lead to an exodus of talented players to cover financial losses.
Source: Al Jazeera
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