The Union of European Football Associations has opened an investigation into Italian football giant Juventus amid allegations of false accounting.
According to a statement released by UEFA on Friday, the probe will examine whether the club breached licensing and financial fair play regulations.
The case involves player contracts, transfers, and agent dealings between 2018 and 2020.
One of the other allegations levied against the club is that Juventus’ players did not, as agreed, reduce their salaries for four months during the COVID-19 pandemic.
On Thursday, the Turin prosecutor’s office requested indictments for ex-Juventus president, Andrea Agnelli, 10 other former board members, and the club itself.
Former vice president and Czech football legend Pavel Nedvel who left the club on Monday when Agnelli and the entire board of directors resigned over accounting issues – could also be charged.
UEFA also said that the investigation will focus on “the alleged financial violations that were recently made public” by prosecutors and Italy’s market authority.
The Serie A giant, in recent statement, denied any wrongdoing, saying its accounting was done “on the basis of a solid set of opinions by leading legal and accounting professionals.”
They added, “Juventus remains convinced that it has always acted correctly and intends to assert its reasons and defend its corporate, economic, and sporting interests in all forums.”
The Italian authorities will, next week, announce if the case will go to trial.
