Following the widespread departure of the club’s board, including president Andrea Agnelli, LaLiga has demanded that UEFA impose “immediate sport consequences” against Juventus.
Following an urgent meeting on Monday, Juve declared that Agnelli, vice president Pavel Nedved, and managing director Maurizio Arrivabene had all resigned from their positions.
It comes after Juventus reported a record deficit of €254.3 million for the 2021–2022 season and as a result of an inquiry into an alleged tax fraud, which Juventus has disputed.
LaLiga has now urged the sport’s European governing body to act in reaction to the developments in a statement.
“Following the resignation of the Juventus board of directors, LaLiga demands immediate sports sanctions to be applied on the club,” read a league statement.
“LaLiga filed an official complaint against Juventus with UEFA in April 2022 reporting financial fair play breaches being investigated by Italy´s Guardia di Finanza.
“Specifically, the complaint charges that Juventus accounted for transfers above fair value and under accounted for employee expenses, resulting in a breach of UEFA break even requirements.
“This Monday, in the same statement announcing the resignation of its board, Juventus acknowledges financial accounting irregularities, which are also aimed at misleading UEFA financial fair play authorities, among others.
“LaLiga continues to pursue these complaints against Juventus and demands immediate sporting sanctions to be applied on the club by the relevant authorities.”
Draft Separate Financial Statements And Consolidated Financial Statements As Of 30 June 2022 | Renewal Of The Board Of Directors.https://t.co/GNFRXdcVkv pic.twitter.com/jpmuVVlZvo
— JuventusFC (@juventusfcen) November 28, 2022
Javier Tebas, the president of LaLiga, has enforced a high standard of financial restraint among the league’s clubs and has regularly clashed with the state-owned business models of Manchester City and Paris Saint-Germain.
In addition, he was one of Agnelli’s most outspoken detractors of Juventus and the attempts of Barcelona and Real Madrid, two of the teams he oversaw, to form the independent European Super League.
“LaLiga has long been a major proponent for the implementation, application, and enforcement of strong financial sustainability rules in football,” the statement added.
“Financial sustainability is paramount to protecting the business of football. Protect our football.”