Outgoing Juventus president Andrea Agnelli defended his tenure on the helm of the Serie A membership on Tuesday, saying the choice to step down was a tough one.
“In addition to loving Juventus, in recent years I have given my best to achieve results on and off the pitch,” Agnelli advised shareholders gathered at Turin’s Juventus stadium.
Investors authorised outcomes for the fiscal yr resulted in June that confirmed a lack of 238 million euros ($255 million).
Juventus, Italy’s most profitable crew, is underneath investigation by prosecutors and the nation’s market watchdog for alleged false accounting, which led its board to resign final month.
Prosecutors have requested the prosecution of Agnelli, 11 others and the membership itself. Agnelli, a member of the household that managed Juventus and the crew’s chairman for greater than a decade, stated by stepping down he wished to keep away from any threat that folks may suppose his private place might affect the membership’s choices. Is.
“Juventus comes before everything and everyone,” he stated. “I am firmly convinced that I have acted properly in recent years, and that the allegations against us were unfounded.”
Italy’s soccer prosecutors sought a partial annulment of a ruling final week that cleared Juventus and different golf equipment and their executives after an accounting investigation targeted on capital positive aspects.
The case is to be heard on January 20, Juventus CEO Maurizio Arrivabene stated on Tuesday. On Monday, Exor — led by scion John Elkann of the Agnelli household — the largest investor in Juventus with about 64% shares and 78% voting rights — introduced its slate for the membership’s new board, which was appointed at a shareholder assembly. Will go On 18 January.
This consists of accountant Gianluca Ferrero for the position of chairman and Maurizio Scanavino for CEO. Scanavino is CEO of writer GEDI, which can also be managed by Exor, and was lately appointed as Juventus’ normal supervisor. The new board, composed of accounting, auditing and authorized professionals, might be lowered to 5 members from the sooner 10 members.
With inputs from TheIndianEXPRESS
