Sports

Juventus president Andrea Agnelli and the rest of the club’s board resign | Football news


The entire Juventus board of directors, including president Andrea Agnelli, has resigned.

The collective resignation comes after Juventus’ financial statements were scrutinized by prosecutors and Italian market regulator Consob in recent months for allegations of false accounting and market manipulation. . The company has denied any wrongdoing.

Furthermore, Juventus announced an annual loss of £220 million for last season – a record fee in the club’s history.

A statement from Juventus read: “The Board of Directors, considering the focus and relevance of pending technical and legal issues, has deemed it in the best interest to recommended Juventus to adopt a new Board of Directors to address these issues.”

Along with Agnelli, vice-president Pavel Nedved as well as chief executive Maurizio Arrivabene submitted their resignations – but Juventus asked the latter to stay in his position to move on to the next board of directors.

Andrea Agnelli, Pavel Nedved
Picture:
Pavel Nedved (left) has also resigned along with Agnelli

Council members Laurence Debroux, Massimo Della Ragione, Katryn Fink, Daniela Marilungo, Francesco Roncaglio, Giorgio Tacchia and Suzanne Keywood have also resigned.

President Agnelli has been at the helm of Juventus since 2010 and was one of the key figures in the founding of the European Super League that didn’t take shape last year, as the division’s vice-president.

Juventus, under Agnelli’s management, was still registered to participate in the breakaway league alongside Barcelona and Real Madrid, although nine other European clubs quickly pulled out of the project due to backlash from the community. football.

To assume the role of vice-president of the European Super League, Agnelli had to step down from his executive-level positions within the European Club Association and the UEFA committee.

Andrea Agnelli
Picture:
Agnelli is one of the main characters in the breakaway European Super League

Under Agnelli’s reign, Juventus became one of the powerhouses of European football, dominating the Italian leagues. Juventus have won 9 consecutive Serie A titles until the 2019-20 season.

However, Juventus has declined in recent seasons, when Inter and AC Milan won the last two Serie A titles, respectively.

Juventus are currently third in the Serie A standings, 10 points behind leaders Napoli and are currently led by Massimiliano Allegri – whom Agnelli let go in 2019 only to re-hire him 18 months later.

Juventus were also knocked out of the Champions League group stage earlier this month and relegated to the Europa League – another blow to their financial situation.

goznews

Goz News: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably.

Related Articles

Back to top button