Juventus, the Italian football giants, were deducted 15 Serie A point after an investigation that allegedly found financial irregularities and fraudulent accounting.
Fabio Paratici, Tottenham’s transfer chief, has been banned from Italian football for 30 months. This is after the club was accused of fixing its balance sheets.
Juventus denied any wrongdoing and said that the club’s accounting was compliant with industry standards.
Two-and-a half-year ban on Mr Paratici, Juventus’ former sporting director, was extended to include UEFA and FIFA activities.
Sky Sports News reached out to Tottenham regarding the sanction against Mr Paratici. However, there are no indications that he was involved in any wrongdoing at Spurs.
Juventus will fall from third to tenth in the Serie A table due to the decision of the Italian national football federation (FIGC). This is outside the European competition spots.
On Friday night, Juventus stated that they were still waiting to hear the reasons for the sanctions. However, they will appeal.
Also, the court ruled that Andrea Agnelli, former chairman of Juventus, is to be expelled from office in Italian football for a period of 24 months.
Pavel Nedved, former vice president, has been banned for eight months. Maurizio Arrivabene, ex-chief executive has also been banned.
Prosecutors recommended previously a nine point deduction for the scandal in which the club was alleged to have misrepresented losses and falsely inflated players’ values.
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Officials involved, including Mr Paratici, intend to appeal against the decision to CONI.
CONI can decide whether or not the decision is correct. It cannot reduce or alter any sanctions.
These rulings are coming after Mr Agnelli, who was part of the Juventus board, resigned in November.
After Juventus’ financial statements were scrutinized by Consob, the Italian market regulator Consob, last year for possible market manipulation and false accounting, the collective resignation was announced.
Juve also reported a loss of PS220m last season, a record in club history.
Next league match for Juventus is Sunday at Atalanta