Club Statement | OneFootball
Turin, November 27, 2021 – Juventus Football Club S.p.A. (“Juventus” or the “Company”) acknowledges that the Public Prosecutor’s Office of the Court of Turin has started investigations against the Company and some of its current officers (Andrea Agnelli, Pavel Nedved and Stefano Cerrato) and former officers concerning item “Revenues from players’ registration rights” of the financial statements as of and for the years ended June 30, 2019, 2020 and 2021, for offences under Article 2622 of the Italian Civil Code (false accounting reporting by listed companies) and Article 8 of Legislative Decree No. 74/2000 (issuance of invoices or other documents for non-existent transactions) and, as regards the Company, for offences under Articles 5 (liability of the company) and 25-ter (corporate offences) of Legislative Decree no. 231/2001. It should be noted that the Company is currently subject to an inspection by CONSOB pursuant to Article 115, paragraph 1, letter c) of Legislative Decree no. 58/1998, also concerning item “Revenues from players’ registration rights”, as described in the prospectus relating to the capital increase, which was published on November 24, 2021, and in the Group’s consolidated financial statements as of and for the year ended June 30, 2021.
The Company is cooperating with the investigators and with CONSOB and trusts that it will clarify any aspect of interest to it as it believes to have acted in compliance with the laws and regulations governing the preparation of financial reports, in accordance with accounting principles and in line with the international practice in the football industry and market conditions.
In connection with the capital increase, which was resolved upon by the Shareholders’ meeting on October 29, 2021, the Company hereby confirms the timing disclosed in the press release dated November 22, 2021 and, accordingly, that the period for the exercise of pre-emptive rights and trading of such rights will commence on November 29, 2021.