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Earthquake at Juventus: the entire board resigns, including president Agnelli

The board of directors of the Juventus in full, including the president Andrea Agnellithe vice president Pavel Nedved and the CEO Maurice Arrivabeneresigned this Monday due to recent investigations into falsification in the accounts of the Turin club, according to local media reports.

The latest police investigations that focused on two economic maneuvers of the ‘Vecchia Signora’ could have been the reason for this collective resignation.

The first was an alleged inflation of the market prices of its players to get more benefit in its subsequent sale; while the second is related to the fiscal year 2020when due to the socioeconomic situation generated by the COVID-19 pandemic, ‘Juve’ agreed to defer payments to certain players who were not included in that year’s fiscal year.

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