Italian Football News

Authorities have doubts over Juventus financial statements – report

The Italian Companies and Exchange Commission has reportedly uncovered some issues with Juventus’ financial statements for 2022.

A report from Corriere dello Sport via TMW details how Consob have seemingly discovered some ‘critical issues’ regarding the financial statements dated June 30, 2022, and December 31, 2022, which allegedly may not comply with international accounting standards.

Juventus have underlined their confidence that everything has been carried out correctly and that they’ll continue cooperating with the authorities, convinced that the law and rules have been followed.

The Old Lady were rocked by various off-pitch issues last season, which saw their previous board and president Andrea Agnelli handed bans by the FIGC for capital gains issues and the now-infamous ‘salary manoeuvres’. The issues culminated in a point-deduction and agreement with UEFA to miss out on European competition this season.

Juventus carried out a quiet summer transfer window as a result of their off-pitch issues and are now desperate to secure a top four finish this season, needing to qualify for the Champions League to continue moving the new project forward.

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