Juventus is in trouble due to alleged capital gains and this has forced the former president of the club and his entire board to resign.
Andrea Agnelli presided over one of the most successful spells in the club’s history, but he is leaving under a great cloud and the club could be seriously damaged by some of the decisions he made in charge.
Football Italia reports that an intercepted phone call between him and Exor boss John Elkann shows that the Agnelli family leader knew all along what was going on.
According to the report, Agnelli told the Exor CEO that “we have always taken risks and the board has always been informed that they have been taken and corrections have always been found along the way.”
He replied: “Yes, however, as you remember you said that in the end there was, by the sports management, they were expanded. There’s a whole series of deals they made.”
Agnelli then added: “overuse of the capital gains instrument, if the market crashes on you, the market crashes on you! This is a fact.”
Juve FC says
It sounds like we are in big trouble and these disclosures are not good for us as a brand, even if we finally prove that everything we did was not against any specific law.
We expect our lawyers to defend us very well when this case goes to trial, but it hasn’t been a good few weeks for us and we need a break from these revelations.
Do you want to know more about the Juve scandal?
Then check out this video from the great people on the Italian soccer podcast.
