Juventus FC: Andrea Agnelli & board of directors resign, Maurizio Scanavino named general manager

"Upon proposal of the chairman Andrea Agnelli all the members of the board of directors present at the meeting (28/11/2022) declared to forego their office," announced Juventus FC (Serie A TIM) in the evening on 28/11/2022.

This collective resignation follows the accounting manipulations deemed illegal and denounced by the Italian Financial Markets Authority (Consob/Commissione nazionale per le società e la Borsa) for the last few financial periods of the Turin club, which is listed on the stock exchange. Irregularities concerning the treatment of salaries and the costs of "cross transfers" between clubs are among the allegations. An investigation opened by the public prosecutor's office in Turin in May 2021 is currently underway.

"Each of the three directors with powers (Andrea Agnelli, the vice chairman Pavel Nedved and the CEO Maurizio Arrivabene) has considered appropriate to forego the powers granted to them. The board of directors has, however, asked Maurizio Arrivabene to maintain the position of CEO," said Juventus FC, while Maurizio Scanavino has been appointed as general…