Juventus docked 15 points following investigation into club’s transfer dealings | World News

Italian soccer giant Juventus has been stripped of 15 Serie A points following an investigation that allegedly revealed financial irregularities and false accounting.

Tottenham’s transfer chief Fabio Paratici has been banned for 30 months for his involvement in Italian football, after the club were accused of fixing their balance sheet.

Juventus denied any wrongdoing, saying the club’s accounting was in line with industry standards.

The two-and-a-half-year ban on former Juventus sporting director Mr Paratici, now managing director of football at Spurs, includes a request for an extension to cover UEFA and FIFA activities.

Sky Sports News has contacted Tottenham for comment in relation to the sanction against Mr Paratecki, but there is no suggestion he has done anything wrong while at Spurs.

August 24, 2019, Parma, United Kingdom: Fabio Paratici, Chief Football Officer of Juventus, during the Serie A match at Stadio Annio Tardini, Parma.  Photo date: August 24, 2019.  Photo credit should read: Jonathan Moscrop/SportImage (Credit Image: © Jonathan Moscrop/CSM via ZUMA Wire) (Cal Sport Media via AP Images)
Fabio Paratici has been banned from Italian football for 30 months.

The decision by the Italian National Football Federation (FIGC) means Juventus will drop from third to tenth in the Serie A table, out of the places for European competition.

Juventus indicated on Friday night that they were awaiting written reasons behind the bans but would appeal.

The court also ruled that former Juventus chairman Andrea Agnelli will be banned from holding a position in Italian football for 24 months.

Former Vice President Pavel Nedvid has been banned for eight months, while former Chief Executive Maurizio Arivaben is also banned.

Prosecutors had previously recommended a nine-point deduction over the scandal, which accused the club of falsely inflating the value of players and misrepresenting losses.

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The officials involved – including Mr Paratici – also plan to appeal the decision to the CONI (Italian Olympic Committee).

CONI has the authority to decide whether the decision is valid or not, and cannot reduce or change any of the sanctions.

The decisions come after the entire Juventus board, including Mr Agnelli, resigned in November.

The collective resignations came after prosecutors and Italian market regulator Consob probed Juventus’ financial statements last year over allegations of false accounting and market manipulation.

Furthermore, Juve posted an annual loss of £220m for last season – a record-breaking fee in the club’s history.

Juventus’ next league game is at home to Atalanta on Sunday.

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