Board & Management (57 Viewers)

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ßöмßäяðîëя

The Krazyman
#421
Apr 12, 2004
77,165
#421
DeviAngel said:
However, they also add: “it can’t be ruled out that, in the future, these parameters (or new requirements that may be proposed and approved) may not be fully respected.

“If the Company is unable to comply with the above requirements, it may be subject to management restrictions, administrative sanctions or, in the most severe cases, not being able to participate in national and/or European competitions with significant negative impacts on their reputation, as well as on the economic and financial situation of the group.”

It must be highlighted that Juventus have repeated this in all their financial statements over the last few years as the message is aimed at current or future shareholders who must have a clear vision of the possible future scenarios. It is not strictly related to the ongoing investigation.
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Who is "They" and what is the "Company?"

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juve123 said:
“Except the effects of what is described in the paragraph’ Operations on the remuneration of members of staff for the 2019-20 and 2020-2021 sports seasons’ and the elements underlying the findings of this report and the possible effects of the ‘Relations with other football clubs’ section, the consolidated financial statements provide a true and fair representation of the financial position,” said Deloitte on Monday.
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Deloitte's on this?

Are they your financial institution or are they conducting the internal audit?
 

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ßöмßäяðîëя

ßöмßäяðîëя

The Krazyman
#428
Apr 12, 2004
77,165
#428
"Said allegations stem from the club’s claim that the players, during the height of the pandemic in 2020, had given up four months wages. It seemed, at the time, a noble gesture from the players with the club in significant hardship during lockdown, but the prosecutor’s office seems to have uncovered evidence that the team paid the players most of those wages under the table.

If that allegation is in fact true, it’s a significant problem for Juventus. Falsifying a club’s books is bad on a number of levels, but in Juve’s case it’s actually worse that it would’ve been, because Juventus are publicly traded and listed on the Italian stock exchange. That means their accounts are subject to far more stringent rules than most other clubs."

Oh shit, sounds like exactly what I wrote above!

https://www.blackwhitereadallover.c...i-john-elkann-gianluca-ferrero-alex-del-piero
 

juve123

Senior Member
#429
Aug 10, 2017
16,638
#429
ßöмßäяðîëя said:
"Said allegations stem from the club’s claim that the players, during the height of the pandemic in 2020, had given up four months wages. It seemed, at the time, a noble gesture from the players with the club in significant hardship during lockdown, but the prosecutor’s office seems to have uncovered evidence that the team paid the players most of those wages under the table.

If that allegation is in fact true, it’s a significant problem for Juventus. Falsifying a club’s books is bad on a number of levels, but in Juve’s case it’s actually worse that it would’ve been, because Juventus are publicly traded and listed on the Italian stock exchange. That means their accounts are subject to far more stringent rules than most other clubs."

Oh shit, sounds like exactly what I wrote above!

https://www.blackwhitereadallover.c...i-john-elkann-gianluca-ferrero-alex-del-piero
Click to expand...
Wow you also write articles but where is the evidence and charges against juve?
 
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