President Andrea Agnelli and Serie A club Juventus’ entire board of directors resigned en masse on Monday.
The club’s announcement came as Turin Public Prosecutor’s Office is conducting an investigation into fraudulent accounting, of alleged hidden payments to players. Juventus players and head coach Maurizio Sarri agreed to a salary-cut during the COVID-19 pandemic. Italian authorities then found some irregularities, which has prompted the resignation of big names, including vice-president Pavel Nedved and managing director Maurizio Arrivabene.
At the start of the COVID-19 pandemic, Juventus said 23 players agreed to reduce their salary for four months to help the club through the crisis. But its claimed the players gave up only one month’s salary.
A shareholders meeting rescheduled for December 27 was postponed again to January 18 to choose a new board.
Arrivabene, who arrived to Turin after leaving Formula 1’s Scuderia Ferrari in 2019, was appointed as the club’s CEO in 2021. He had also been a part of the board of directors at the club since 2012 and will remain in the position, the club said.
Who is Andrea Agnelli?
Member of the industrialist Agnelli family, Andrea was the chairman of Juventus for 12 years. He took up the role in 2010.
Agnelli is an Italian businessman and also served as Executive Member and Chairman of the European Club Association. He was appointed to the UEFA Executive Committee in 2015.
Agnelli’s net worth is estimated at $19.1 billion, as per avenuegh.com.
Emma Winter, 44 years old, divorced Agnelli after 11 years of marriage. The businessman was suspected of having an extramarital affair with Turkish model Deniz Akalin.
Andrea and Emma have two children Giacomo Dai, 10, and Baya,17.