By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sportz18Sportz18
  • Cricket
    • International Cricket
    • IPL
  • Football
    • FIFA World Cup
    • Champions League
    • Premier League
  • Basketball
    • NBA
    • Euro Basket
  • Wrestling
    • WWE
    • AEW
  • UFC
  • Dream 11
  • F 1
  • E Sports
Reading: Juventus hit with a 15 point deduction by Italian court for Plusvalenza scandal
Share
Aa
Sportz18Sportz18
Aa
  • Cricket
  • Football
  • Basketball
  • Wrestling
  • UFC
  • Dream 11
  • F 1
  • E Sports
  • Cricket
    • International Cricket
    • IPL
  • Football
    • FIFA World Cup
    • Champions League
    • Premier League
  • Basketball
    • NBA
    • Euro Basket
  • Wrestling
    • WWE
    • AEW
  • UFC
  • Dream 11
  • F 1
  • E Sports
Have an existing account? Sign In
Follow US
  • Contact
  • Privacy Policy
  • Terms & Conditions
COPYRIGHTS © 2022 | SPORTZ18.COM | ALL RIGHTS RESERVED
Serie A

Juventus hit with a 15 point deduction by Italian court for Plusvalenza scandal

Giri
By Giri Published January 22, 2023 3 Min Read
Share
Juventus hit with point deduction
Credits - Twitter

Serie A giants Juventus have been hit with a 15 point deduction from their league tally by an Italian court. The club is forced to forfeit points after being found to have rigged finances related to transfer deals. The Italian Football Federation announced point deduction for financial irregularities and false accounting after the prosecutors reopened Plusvalenza case.

Contents
The Plusvalenza case and Juventus 15 point deduction for Juventus

The Serie A table with Juventus' 15-point deduction 😐 pic.twitter.com/SDIGG8K4ko

— B/R Football (@brfootball) January 21, 2023

The Plusvalenza case and Juventus

Juventus have been given a 15 point penalty from Serie A’s FIGC Prosecutors.

The Federal Court of Appeals has accepted the request of the FIGC prosecutors to re-open the plusvalenza case that includes Juve and other clubs.

📰 via Sky Italia pic.twitter.com/bRIVbzkRhO

— Italian Football TV (@IFTVofficial) January 20, 2023

Plusvalenza is a term in Italian which translates as capital gains. COVISOC, a supervisory commission for Serie A investigated the Plusvalenza case along with FIGC. Around 62 deals were flagged to be potentially inflated transfers between 2018/19 to 2020/21 season. 42 out of 62 deals involved Juventus. Public prosecutors of Turin opened a criminal investigation in May 2021 with the findings of COVISOC. CONSOB, the government authority responsible for regulating stock exchange entered the fray and probed a dozen of transfer deals that were suspicious. According to Sky Sport Italia, documents related to shady transfers were worth €282m in capital gains.

The club officials were acquitted in May 2022 after a lengthy investigation. Italian soccer federation announced last month that a federal prosecutor will appeal and re-take the case. The sanctions were announced for the Old Lady on January 20th. Juventus involved in such transfers to comply with FFP. In order to balance the sheets, they used these loopholes to increase capital gains. This is a common practice in football after introduction of FFP restrictions. Juventus is not the only club to do this, but this is an investigation from Italian government authorities and not football authorities. Old Lady is a publicly traded club and they are punished misleading share holders and engaging in illicit accounting practices.

15 point deduction for Juventus

Juventus are at 10th spot at the moment with 15 point deduction. The Old Lady can appeal the decision soon. This decision has come as a shocker for the Juventus camp as it dents their hope for league victory. A top four finish is also in jeopardy at the moment. There are rumours that Juventus might get a ban from UEFA in European competitions but nothing is official yet.

This is not the first time Juventus find themselves in a controversy. The club was guilty of a match fixing scandal in 2006 and they got penalised with relegation to Serie B. Juventus will have a tough time if this decision keeps them away from European competitions. Their financial situation will become worse and the players might leave. Allegri has a tough time to deal with as things stand.

TAGGED: Juventus, Plusvalenza Case, Serie A
Giri January 22, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article One Piece Odyssey One Piece Odyssey Game Play, Pricing and Features
Next Article Virat Kohli ICC Men’s T20I Team of the Year 2022: Three Indian players included
Gulf Giants
Coach Andy Flower credits James Vince for Gulf Giants impressive start in ILT20
Chris Gayle: Legends League Cricket 2023
Legends League Cricket 2023: Gayle, Pathan & Panesar Confirm Participation in LLC 2023
Sarfaraz Khan snub: If you want slim guys, go to fashion shows: Sunil Gavaskar lashes out
Dean Elgar
Dean Elgar expresses his desire to continue leading South Africa in Tests
Sunrisers Eastern Cape
SA20: ven der Merwe, Rossington dazzle as Eastern Cape crush Super Giants
World Test Championship Qualification Scenario For India, South Africa and Srilanka
ILT20
DP World ILT20 introduces digital avatars of cricketers for fans
Shimron Hetmyer
ILT20: Hetmyer’s last ball six helps Gulf Giants beat MI Emirates and qualify for playoffs

You Might Also Like

Juventus misery continue with a shocking home defeat against Monza.
Serie A

Juventus misery continues with a shocking defeat at home against Monza

Giri By Giri January 31, 2023
Osimhen after scoring in Napoli v Juventus fixture
Serie A

Napoli puts 5 past Juventus and leads the title charge comfortably

Giri By Giri January 15, 2023
Football

Juventus knocked out of Champions League

Prafulla Datar By Prafulla Datar October 27, 2022
Show More
//

SPortz18 is your home for the latest sports news, fixtures, schedules, point tables, biographies, and match updates on all sports like cricket, NFL, MLB, and NBA.

Quick Links

  • Cricket
  • Football
  • Basketball
  • E Sports
  • Wrestling
  • UFC
  • NFL
  • Tennis
  • Kabaddi
  • Dream 11

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

   

Sportz18Sportz18
Follow US

COPYRIGHTS © 2022 | SPORTZ18.COM | ALL RIGHTS RESERVED

  • Contact
  • Privacy Policy
  • Terms & Conditions
SiteLogo SiteLogoDark
Welcome Back!! Editor/Author

Lost your password?