Charges for ‘nonexistent invoices’ dropped against Juventus top brass
The Turin prosecutors office has dropped charges of ‘nonexistent invoices’ against former Juventus top management. Bianconeri directors Andrea Agnelli, Pavel Nedved, Fabio Paratici, Marco Re, Stefano Bertola and Stefano Cerrato all saw the charges against them dropped, as reported by Sportface: Regarding the players’ sale-exchange, after the investigations carried out, for the Prosecutor’s Office it […]
The Turin prosecutors office has dropped charges of ‘nonexistent invoices’ against former Juventus top management. Bianconeri directors Andrea Agnelli, Pavel Nedved, Fabio Paratici, Marco Re, Stefano Bertola and Stefano Cerrato all saw the charges against them dropped, as reported by Sportface:
Regarding the players’ sale-exchange, after the investigations carried out, for the Prosecutor’s Office it emerged “the eminently bilancistic and non-fiscal purpose of the disputed exchange transactions; they appear to be neutral (“zero-sum”) from a financial point of view and aimed only at allowing the registration of an immediate revenue, with spreading the costs over several financial years, in order to conceal the erosion of the share capital.”
As a result, “even if the fictitious or artificial nature of the contractual values is established, a concrete fiscal advantage does not appear to be detectable for Juventus.” Therefore, therefore, the Gip dismissed the charges.
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