Andrea "Il Bruco Brutto" Agnelli (23 Viewers)

[Badass J Elkann]

What does that mean?

Basically we deliberately didn't declare our real losses.

Now thinking further down the line Uefa could in theory punish us too as we already had a ffp agreement in place, they can in theory if proven true that we lied about our losses that the current agreement is null and void and will hit us with a bigger punishment

 

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[unnamed]

Farsopoli 2.0 incoming?

 

[Hust]

Ok guis:

historee or leegund?

 

[IlCapitano]

I wasn't this shocked by something since Conte resigned. And it literally happened the same way - was on my computer browsing around, stepped away for 10 minutes, came back and all hell broke loose.

Hopefully the sporting side remains intact. And bring Beppe back

 

[juve123]

What are the risks to Juventus? Don't panic and overreact. At this moment we are talking about nothing mixed with nil."

[@romeoagresti)

 

[DeviAngel]

Basically we deliberately didn't declare our real losses.

Now thinking further down the line Uefa could in theory punish us too as we already had a ffp agreement in place, they can in theory if proven true that we lied about our losses that the current agreement is null and void and will hit us with a bigger punishment

What is important they can't send us into Serie B because its not 'sporting' crime?

Maybe we are selling our club..

 

[KirilovBG]

Basically we deliberately didn't declare our real losses.

Now thinking further down the line Uefa could in theory punish us too as we already had a ffp agreement in place, they can in theory if proven true that we lied about our losses that the current agreement is null and void and will hit us with a bigger punishment

P$G declare their loses but Uefa don't give a sh#t.

 

[Hist]

i see some meme potential, not a lot of photos on google images tho

Its Danny from the Room.

 

[kocunar]

Bring back Paratici and Marotta

 

[Bjerknes]

What does that mean?

If true, that means accounting fraud, similar to the Enron scandal.

 

[Hust]

Bring back Paratici and Marotta

 

[Vlad]

Yeah, so much panic. We ll get some fine for paying players under the table. Everything else is a clickbait at this point. The dismisal of entire board was to be expected after accumulating significant losses over the past few years.

 

[DAiDEViL]

Bring back Marotta

 

[lgorTudor]

Bring back Morata

 

[kocunar]

Sucks as the main guy, was really good under Marotta

 

[s4tch]

More click bait

it is, we'll see in the consolidated statement how much losses were deferred from the original statements

so you're native and know some shit on accountancy too. could you translate this to more accessible english?

"on the basis of the aforementioned possibilities of adopting legitimate alternative accounting methodologies, evaluated to carry out a pro-rata temporis accrual of the costs related to the July/August 2020 salary increases (for the first so-called “salary manoeuvre”) and to the so-called "loyalty bonuses" of September 2021 (for the second so-called “salary manoeuvre”) starting from the earliest date of a so-called constructive obligation among those contemplated by the independent experts (and thus, respectively, from June 2020 and May 2021)."

it's more of a linguistic issue for me, i more or less know ifrs in hungarian, but wtf is pro rata temporis accrual of costs? prorated, time proportional accounting of salaries? also, if the correction is not related to cash flows, how the previous reports were audited lol

 

[Badass J Elkann]

What is important they can't send us into Serie B because its not 'sporting' crime?

Maybe we are selling our club..

well we don't know to be honest, in theory Elkann can go for criminal damages against those responsible in order to protect Juve. But right now we don't know the state of play, whether the board resigned having already had a plea bargain in place or what really.

 

[.zero]

If true, that means accounting fraud, similar to the Enron scandal.

Agnelli and his cronies literally thought they were "the smartest guys in the room"

 

[Badass J Elkann]

Seriously can we start to draw up a list of who is next on our hit list? or we gonna sit back and wait and see what this new board is like?

 

[campionesidd]

Agnelli and his cronies literally thought they were "the smartest guys in the room"

I can definitely see the parallels.