Juventus, Uefa opens proceedings: 'Potential violation of financial fair play'

Uefa is opening proceedings against Juventus for a potential violation of financial fair play rules, according to the full report on the company's financial statements as at 30 June (i.e. the annual report), filed in the last few hours ahead of the shareholders' meeting. 'With reference to the Football Earning Rule parameter, on 18 September, as is customary in similar situations for companies taking part in European football competitions,' the club 'received notification from Uefa of the opening of proceedings for the potential breach of the same for the three-year period 2022/2023-2024/2025'.

The outcome of these proceedings, Juve itself explains, 'which will also take into account the prospects of the trend for the current year and for future years of the set of UEFA economic-financial parameters, is expected in the spring of 2026 and could give rise to a possible economic sanction (at present difficult to quantify, but presumably of an insignificant amount) as well as possible sporting restrictions (such as, for example, restrictions on the registration of new players in the lists of UEFA competitions'.

In the meantime, in view of the Juventus shareholders' meeting, called for 7 November, the Exor holding company, which controls the club with 65.4% of the capital, has deposited the list of candidates for the appointment of the board of directors, which includes Antonio Belloni (president of Lvmh Italia), the current Juventus president Gianluca Ferrero, Guido de Boer, Damien Comolli, who arrived in the summer as the new Juventus general manager, Laura Cappiello, Fioranna Vittoria Negri, Kerstin Andrea Lutz, Diva Moriani and Diego Pistone. Exor has also proposed confirming Ferrero as president of the board, but there is also a second list presented by Tether Investments (which has 11.5% of the capital) with Francesco Garino and Zachary Lyons.

In any case, the ceo's box will be changed, as Juventus' CEO Maurizio Scanavino will end his tenure at the company on 7 November, when his mandate expires naturally.