GENERICO.ruСпортJuventus deny covering up €200m losses

Juventus deny covering up €200m losses


MOSCOW, Oct 25 in a statement denying Italian prosecutors' allegations of financial fraud to cover up losses, according to the Associated Press. png» />BenficaPortugal– : –JuventusItalyThe Italian authorities have previously accused Juventus of hiding about 200 million euros in losses over a three-year period. To do this, the club used false credentials and manipulated rental agreements. The suspects included 15 people from the Juventus board of directors, executives with «strategic responsibilities» and team auditors. Juventus remains convinced that it acted in accordance with the laws and regulations governing the preparation of financial statements, in accordance with accounting and in accordance with international practice in the football industry,» the statement said. During the investigation, the prosecutor requested house arrest for Juventus president Andrea Agnelli, but the request was denied. The prosecutor's documents also included the name of former club forward Cristiano Ronaldo, but the Portuguese refused to appear in court.Juventus lawyers have 20 days to respond to these allegations.

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