The club was accused of fixing their balance sheets through artificial gains from club transfers. The FIGC’s decision is a severe blow to Juventus, and the club’s board of directors, including former president Andrea Agnelli and vice-president Pavel Nedved, resigned in November.
Despite the heavy penalty, Juventus have denied any wrongdoing and has confirmed that they will appeal the decision. In a statement, the club said they were “awaiting the publication of the reasons of the decision” and have already started the process of appealing the decision to the Sport Guarantee Board of the Italian Olympic Committee (CONI).
It is worth noting that the FIGC’s sanction is even harsher than the nine-point deduction that prosecutors had requested. This is a significant setback for the club, and it remains to be seen how the situation will play out in the coming weeks and months.
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