Italy finance police search Juventus offices in player trading probe
Football
By
Reuters
| Nov 27, 2021
Italian finance police have searched the offices of Serie A club Juventus in Turin and Milan, seeking documents relating to player trading between 2019 and 2021, a prosecutor said.
Juventus (JUVE.MI), which is Italy's most successful club with 36 league titles, is listed on Milan's stock exchange and its largest shareholder is Exor (EXOR.MI).
Turin prosecutor Anna Maria Loreto said in a statement released late on Friday that the investigation is looking into whether senior managers at Juventus gave false communications to investors and issued invoices for non-existent transactions.
"Several transfer operations of professional players and the services rendered by some agents involved in the related intermediation are under consideration," Loreto said.
Juventus and Exor had no immediate comment when asked by Reuters about the investigation.
READ MORE
Tax stand-off as boda boda riders defy county call to pay
Budget cuts loom for Parliament thanks to Sh9.6b Bunge Towers
Islamic banking gets traction in Africa as Salaam Bank feted
Data privacy major challenge for Kenya's digital space, report
Angola ICT Minister: Invest in space industry to ensure a connected, peaceful Africa
NCPB sets in motion plans to compensate farmers for fake fertiliser
Governors reject revenue Bill, demand Sh439.5 billion allocation
Firm linked to fake fertiliser calls for arrest of Linturi, NCPB boss
In September, Juventus said that Italian market regulator CONSOB was looking into revenue received from player trading.
Italy's Federal Prosecutor last month opened an investigation into a number of soccer player transfers in Serie A.
- Budget cuts loom for Parliament thanks to Sh9.6b Bunge Towers
- Tax stand-off as boda boda riders defy county call to pay
- Firm linked to fake fertiliser calls for arrest of Linturi, NCPB boss
- Lenders raise interest on loans despite CBK holding key rate
- KPLC to pay Sh500 million for Nakumatt fire tragedy