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HomeFootballJuventus Chairman Andrea Agnelli Resigns with Total Board

Juventus Chairman Andrea Agnelli Resigns with Total Board

The board of Juventus, chaired by Andrea Agnelli, has resigned “in the perfect curiosity of the corporate,” the Italian Serie A soccer staff stated on Monday.

The collective resignation comes after Juventus’ monetary statements acquired scrutiny from prosecutors and Italian market regulator Consob in latest months for alleged false accounting and market manipulation. The corporate had denied any wrongdoing.

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Juventus stated its administrators had mentioned the difficulty at a gathering on Monday and concluded it might be greatest addressed by a brand new board, given “the relevance of the pending authorized and technical/accounting issues.”

It added it must restate its monetary statements for the fiscal 12 months ending in June 2022.

The corporate, which is managed by the Agnelli household’s holding firm Exor, stated it had requested CEO Maurizio Arrivabene to keep up his place and had appointed Maurizio Scanavino as basic supervisor.

Juventus stated it had referred to as a shareholder assembly on Jan. 18 to nominate a brand new board.

Andrea Agnelli, who has chaired Juventus since 2010, won’t search a reappointment, a supply with data of the matter informed Reuters.

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In a letter to Juventus workers seen by Reuters, Andrea Agnelli described the corporate state of affairs as “delicate.”

“When the staff will not be cohesive it turns into susceptible and that may be deadly,” he wrote.

“That is when you might want to maintain calm and comprise damages: the corporate goes via a fragile part and we’re not cohesive. Higher to give up all collectively, giving the prospect to a brand new staff to show the sport round.”

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