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UEFA is said to be preparing to punish Juventus with the exclusion from European competitions because of its allegedly falsified capital gains.
La Gazzetta dello Sport details how UEFA has closely followed the Bianconeri’s legal problems over the past year and has conducted its own investigation into the club’s financial practices, receiving countless documents from the Turin prosecutor’s office. Juventus’ appeal to the Collegio di Garanzia of the CONI against their 15-point deduction was partially successful, being temporarily cancelled pending a new sports trial. UEFA is optimistic that a judicial decision will be made in Italy by the end of June, but plans to act if things take longer than expected.
What poses a real threat to Juventus is financial fair play. In September 2022, the club was fined €3.5 million by UEFA for violating these rules, and they signed various agreements to avoid a further €19.5 million fine. These agreements were based on balance sheets provided by the Old Lady, the same documents now at the center of investigations by the Turin public prosecutor’s office and the FIGC.
If the Old Lady won a place in a European interclub competition, UEFA would have to act, probably before the end of July or early August. Exclusion from these competitions is a likely outcome, due to the fact that the plea agreement in September was based on suspect balance sheets.
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