Juventus offices raided by Italian authorities

Juventus offices raided by Italian authorities.

Juventus are in danger after it was revealed that the Turin prosecutor’s office launched an investigation into frauds in the financial sector.

The prosecutor has opened Investigations into Juventus after receiving the financial records that the team has received from the National Commission of Societies and the Stock Market.

The Finance Ministry is seeking six individuals in the probe. It includes president Andrea Agnelli, Vice President Pavel Nedved, and former technical director Fabio Paratici who currently lives in Tottenham.

According to the GamerSpots, three other members of the club’s commercial department are being probed.

Six people are suspected of being involved in the controversial transfer deal with Barcelona, resulting in Artur Melo being sold to Miralem Pjanic in the summer of 2020.

A statement from the Turin Prosecutor’s Office said: “Since this afternoon, on the order of the Prosecutor’s office, Guardia di Finanza agents have conducted local searches at offices in Turin as well as Milan office of Juventus Football Club Spa.”

Juventus, The financial transactions of Juventus from 2021 to 2019 are being examined as the prosecutor tries to establish the motive behind fraud in the form of falsifying documents or creating invoices for transactions that did not occur. 

Additionally, the transfers of different actors and the services offered by agents and intermediaries are being investigated as well.

The agreements also include transfers of Joao Cancelo’s contract in Manchester City.

This is a significant setback for the Italian giants, who have lots of trouble both on and off the pitch. It’s not going well for Juventus on the rise in their League, which they lost to a 1-1 defeat at the home of Atalanta.

The Bianconeri are currently eighth according to league rankings and seven points away from last within the Champions League standings.

This latest incident is likely to be detrimental to the club that has suffered a difficult time over the last year following losses of EUR 209.9 million in the 2021/20 season.