Juventus 15-point penalty imposed by the Italian football’s governing body (FIGC) over false accounting in transfer dealings has been reversed, and the case has been ordered to be re-examined by Italy’s highest sporting court,” according to recent reports.
The club had denied any wrongdoing and had appealed the punishment to the Olympic Committee’s tribunal, which did not rule on the case’s merits but examined the legal legitimacy of the penalties handed out by the FIGC.
Juventus had moved from seventh to third in Serie A as a result of the reversal, but they could still face punishment in the future when a new hearing is held.
The club was accused of fixing their balance sheets by artificial gains of around 60m euros from club transfers, charges they were found guilty of by the FIGC’s appeals court in January.
The investigation was reopened due to new evidence from a separate criminal probe into their finances. The 15-point sanction was tougher than the nine-point deduction prosecutors had requested.
The club’s board, including the chairman Agnelli and former midfielder Nedved, had stepped down in November while the investigation was ongoing.
Agnelli had presided over the club for 13 years, during which time Juventus won nine successive Serie A titles and reached two Champions League finals.”