Chaos broke out at Juventus on Monday evening after it was reported that president Andrea Agnelli, vice president Pavel Nedved and the rest of the board resigned by unanimous decision.
The Serie A giant is currently facing a wave of financial issues together with the public prosecution’s investigation into what may very well be accounting fraud. In an email written to Juve employees, Agnelli stated “We are dealing with a delicate moment from a club standpoint.”
In the meantime, the club’s social media pages have been flooded with comments from fans asking with concern about the board’s sudden resignations.
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Back in September, the club registered a record loss of €254.4 million euros. Following the loss report, Italian government regulator Consob intervened, with the public prosecutor’s office investigating looking into statements of false accounting between 2018 and 2020.
In the midst of a World Cup break for the club, managing director Maurizio Arrivabene will continue to helm administrative duties despite his resignation as the club faces a looming period of transition ahead.
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