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Juventus was penalized 15 points for the ‘plusvalenza’ scandal

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TURIN, ITALY - JANUARY 18: Roberto Spada, Monica Tardivo, Andrea Agnelli, Pavel Nedved during the Juventus Shareholders' Meeting at Allianz Stadium on January 18, 2023 in Turin, Italy. (Photo by Daniele Badolato - Juventus FC/Juventus FC via Getty Images)

TURIN, ITALY – JANUARY 18, 2018: Roberto Spada and Monica Tardivo were joined by Andrea Agnelli and Pavel Nedved at the Juventus Shareholders’ Meeting held at Allianz Stadium in Turin on January 18, 2023. (Photo by Daniele Badolato, Juventus FC/Juventus FC via Getty Images.

Juventus, Italy’s largest soccer club, will have to forfeit 15 Serie A point after an Italian court essentially ruled that the club had rigged transfer agreements and related finances.

Juve’s hopes to remain among the elite of European soccer will be severely hampered by this point deduction. The Turin-based club will be able to drop from third place to joint-10th at midseason.

Italy’s soccer federation announced Friday the point deduction. It’s a result of “plusvalenza,” Or scandal of capital gains. Juventus is accused of inflating the outgoing transfer values in its accounting to meet financial regulations.

Andrea Agnelli, the chairman of Juventus, will be expelled from Italian soccer for a period of two years in addition to the point deduction. Other executives were also suspended.

This is a still in development story. We will keep you updated.

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