Juventus have been rocked by the resignation of their board members and president Andrea Agnelli in recent days, but more trouble could arise.
Agnelli and the board resigned as prosecutors closed a case against the club for false accounting and now more details have emerged about how desperately Juve wanted to cover their tracks.
The Bianconeri’s problems began when they signed Cristiano Ronaldo, a deal they ideally should not have been able to afford. They had to take some losses to keep him at the club.
During the early days of covid-19, the Bianconeri announced that Ronaldo and other top players lost part of their salaries, but in reality, the attacker was paid outside of his budget.
Football Italia reveals in an intercepted phone call between juventus Lawyer Cesare Gabasio and general manager Federico Cherubini have admitted they would be in trouble if authorities find Ronaldo’s secret document.
Gabasio said:ronaldoThe secret deal shouldn’t have been revealed because if it is, they’re going to jump down our throats, auditors and all. And then we have to make a fake transaction.”
Juve FC says
Ronaldo’s transfer is the genesis of our financial problems, but we can’t blame the club for deciding to buy him.
Its star power and commercial appeal were good for us, but it just didn’t have the expected positive impact on our finances.
Due to this and the covid-19 pandemic, we have been forced to deal with a substantial financial mess even after he left the club.
