An important person could potentially benefit from the latest Juventus scandal that has rocked the football world.
Juventus coach Massimiliano Allegri’s job appeared to be at stake less than two months ago as the club struggled on the pitch. But the Bianconeri’s off-pitch problems could give him more leverage at the legendary Italian club.
Juventus are in crisis again after the resignation of club president Andrea Agnelli and the team’s entire board of directors. On Monday following an investigation by the Turin prosecutor’s office for alleged false accounting.
The entire Juventus board of directors resigns
More than ever, Juventus need stability on the pitch, which could cement Allegri’s position and also give the coach more leverage when it comes to transfer decisions.
Elkann is the CEO of Exor, the Juventus holding company. And also the cousin of Agnelli, whom he appointed Juventus president in 2010.
Fans have clamored for the appointment of former Juventus great Alessandro Del Piero as new chairman, but Elkann has chosen figures he hopes have the technical. Know-how to steer the club into chaos and sort out its financial situation.
Juventus reports a record loss of 254.3 million euros ($246 million) for the 2021-22 financial year. It was Juventus’ fifth consecutive year with a loss and was 44.4 million euros ($43 million) more than in 2020-21.
At the start of the pandemic, Juventus said 23 players had agreed to cut their wages for four months to help the club weather the crisis. But prosecutors say the players reported just one month’s salary.
The case also examines whether investors were misled into invoices issued for non-existent transactions to show income which could itself be considered false accounting. The case concerns player contracts, transfers and agency operations between 2018 and 2020.
While sports authorities initially dropped their investigation into Juventus’ alleged false accounting, the Italian Football Federation’s. Prosecutor has since requested documentation from the authorities in Turin who are conducting the investigation. Meaning Juventus could face a huge fine or even the risk of penalty points in Serie A.
This could derail Juve’s bid to qualify for next season’s lucrative Champions League. Something that appears to be back on track after a poor start to the season.
His side achieved six straight victories in the Italian league before the World Cup break and moved up to third place in the standings. Even though the bottom four teams are four points adrift of the Bianconeri. Serie A will resume on January 4.