Juventus' board of directors and president Andrea Agnelli resigned en masse on Monday.
The stunning move follows a preliminary investigation by the Turin Public Prosecutor's Office into fraudulent accounting, of alleged hidden payments to players.
At the start of the COVID-19 pandemic, Juventus said 23 players agreed to reduce their salary for four months to help the club through the crisis. But its claimed the players gave up only one month's salary.
A shareholders meeting rescheduled for Dec. 27 was postponed again to Jan. 18 to choose a new board.