Following the recent events and reports, UEFA has opened an inquiry to determine whether Juventus have violated the Financial Fair Play rules or the parameters to get the Champions League license.
Like many clubs, the Old Lady reached a settlement agreement regarding their balance sessions during the pandemic. According to La Repubblica, it could be voided if the data turns out to be false. As it stands, they have to pay a €3.5M fine for the losses they accumulated between 2019 and 2022.
The range of punishments varies from larger monetary sanctions to transfer market restrictions to the exclusion from the cups. They will depend on the severity of the crimes. As per La Gazzetta dello Sport, UEFA will base its decision on the findings of the second probe FIGC just launched against Juventus.
Any punishment is unlikely to come in short order. It will impact the 2023/2024 season at the earliest. La Liga urged to investigate the Bianconeri after their board of directors stepped down.
Juventus and UEFA had been feuding in recent years as Andrea Agnelli was one of the most prominent advocates for the Super League. They are one of the three clubs still technically part of it, along with Barcelona and Real Madrid. The Court of Justice of the European Union will issue a pivotal ruling on the matter in March. With the former president no longer in the picture, the commitment of the Bianconeri to the controversial cup is likely to wane. However, the new brass hasn’t taken formal steps in such direction yet, Corriere dello Sport relays.
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