Juventus false accounting hearing adjourned to May 10

Juventus false accounting hearing adjourned to May 10

A choose in Turin on Monday started inspecting whether or not former Juventus Chairman Andrea Agnelli, 11 different folks and the membership itself ought to face trial over allegations of false accounting at Italy’s most profitable soccer group.

On the primary day of a listening to behind closed doorways, preliminary procedural points have been addressed earlier than adjournment till May 10. The listening to is predicted to final a number of months, after which choose Marco Picco will determine whether or not to order a trial.

Last December, prosecutors requested to ship all of the defendants to trial after investigating the membership’s accounting and statements made to monetary markets in three latest years.

Turin prosecutors allege the membership understated its monetary losses for 3 seasons – 2018-19, 2019-20 and 2020-21.

They have been wanting into the values ascribed to participant transfers between golf equipment and whether or not, as acknowledged, salaries have been sacrificed in the course of the COVID-19 pandemic or just deferred.

Juventus have denied wrongdoing and stated their accounting is in keeping with trade requirements.

At the top of the primary day of the listening to, Picco accepted a request by some minority shareholders to carry Juventus and auditing agency Ernst&Young liable to them for damages, ought to the membership be discovered responsible.

The case has stirred sturdy emotions in soccer-mad Italy. Juventus, owned by the Agnelli household for a century, get pleasure from large help across the nation however their wealth and success have additionally stoked resentment from followers of rival groups.

One of three prosecutors in control of the case final week stood down from the proceedings after the emergence of earlier derogatory feedback he made about Juventus and his acknowledged help for Serie A rivals Napoli.

Agnelli give up as chairman, resigning together with the remainder of the membership board in late November, days earlier than the prosecutors’ request for a trial.

The Turin prison investigation has triggered a separate inquiry over the membership’s funds by Italy’s sports activities authority, which resulted in a 15-point deduction for Juventus this season.

Napoli, with a 19-point lead and 11 video games left to play, seem sure to win the title for under the third time.

Source: www.anews.com.tr