Juventus Under Investigation by UEFA Over Financial Fair Play Breaches

Juventus faces possible sanctions as UEFA investigates financial irregularities

Juventus is under investigation by UEFA for potential breaches of financial fair play rules, which could result in economic sanctions and sporting restrictions.

Juventus has been informed by UEFA that an investigation has been launched into potential breaches of financial regulations...

Serie A club Juventus has announced that it is under investigation by UEFA, the European governing body, for possible breaches of financial rules. The investigation was revealed in the club's financial statements, which will be presented at the annual shareholders' meeting on November 7.

According to Juventus, UEFA informed the club on September 18 that proceedings had been opened to investigate potential breaches of the governing body's football earnings rule between 2022 and 2025. If found guilty, Juventus could face “a possible economic sanction” and “possible sporting restrictions,” which may impact their participation in European competitions.

UEFA's financial fair play rules are designed to ensure clubs operate within sustainable financial boundaries. The rules limit clubs to 60 million euros ($70.14 million) in losses over a three-year period, with some flexibility for clubs demonstrating good financial health. Juventus' current financial situation and potential breaches may put them at risk of penalties.

Juventus has been informed by UEFA that an investigation has been launched into potential breaches of financial regulations, specifically the football earnings rule, for the period between 2022 and 2025. The club was notified of the investigation on September 18, and a verdict is expected in the spring of next year.

The investigation may result in significant consequences for Juventus, including possible economic sanctions and sporting restrictions. According to UEFA's rules, clubs are allowed to report losses of up to €60 million ($65.5 million) over a three-year period. If found guilty, Juventus could face penalties that may impact their participation in European competitions.

The UEFA break-even rules allow clubs to spend a certain amount on player wages and transfer fees relative to their revenue. This threshold can be increased by €10 million annually if clubs meet specific conditions, demonstrating good financial health. These rules aim to promote financial sustainability among European clubs.

Juventus is currently fifth in the Serie A standings with 12 points from six matches, following a modest start to the season with three wins and three draws. The club, controlled by the Agnelli family for over a century, recently reported a significant loss of €58.1 million for the fiscal year ending June 30.

The financial struggles are not new to Juventus, which has not recorded an annual net profit since the 2016/2017 season. However, the club is working to improve its financial situation, with plans to increase revenue and reduce costs. Juventus has already taken steps to address its financial challenges, including a capital increase and debt refinancing.