Board & Management (103 Viewers)

Valerio.

Senior Member
Jul 5, 2014
5,746
but honestly even if we had an agreement with players how is that a fault for sportive justice?
Even consob we might have made a mistake but that should ammount to a fine for juventus and manager involved.

I don't really get how this shit is getting so hyped that we should get an heavier punishment than what they dished us out for plusvalenze.
Which again were not illegal....

Honestly this all look like a machination to fuck us up for SL thing cause honestly I can't see anything worth 15points deduction + what they wanna do for wages thing
 

juve123

Senior Member
Aug 10, 2017
16,638
but honestly even if we had an agreement with players how is that a fault for sportive justice?
Even consob we might have made a mistake but that should ammount to a fine for juventus and manager involved.

I don't really get how this shit is getting so hyped that we should get an heavier punishment than what they dished us out for plusvalenze.
Which again were not illegal....

Honestly this all look like a machination to fuck us up for SL thing cause honestly I can't see anything worth 15points deduction + what they wanna do for wages thing
They are accusing us of false accounting similar to chievo verona case with evidence mainly being wiretapping plus the secret payment document relating to ronaldo was found.
 
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Wings

Banter era connoiseur
Contributor
Jul 15, 2002
21,544
The website is terrible now anyway. I had gradually stopped visiting it even before the case because of the layout, speed to load articles and low quality reporting. Plus there us an obvious anti-Juve bias.
I stopped using FI about a year ago and went back after the scandal. I didn't last a week. The website design put off me even before the content. Never going back.
 
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Vlad

In Allegri We Trust
May 23, 2011
23,990
that we said players were forfetting 4months of salary saving 91m.
In the end players waived just 1 month of salary and got the rest next season.
They already knew they were getting the money anyway just not that fiscal year.
Consob claim we shouldn't have put those 4months as saved money in the books but still account them that fiscal year instead of next season.
This confirms what @Boksic said and that is minor offense, not worth the headlines. So how is this worth of points penalty at sporting tribune I fail to see. Our mgt should take Federation to the civil courts if they dock us more points. Its insane how everything is blown out of proportion.
 

LiquidPLP

Senior Member
Jun 9, 2012
12,237
but honestly even if we had an agreement with players how is that a fault for sportive justice?
Even consob we might have made a mistake but that should ammount to a fine for juventus and manager involved.

I don't really get how this shit is getting so hyped that we should get an heavier punishment than what they dished us out for plusvalenze.
Which again were not illegal....

Honestly this all look like a machination to fuck us up for SL thing cause honestly I can't see anything worth 15points deduction + what they wanna do for wages thing
Said this long time ago, I called this back then 'TSL tax'. You could clearly see it on the pitch where most decisions would go against us and the general animosity started to grow off the pitch too.

AA is a dumbfuck who made enemies everywhere which exposed the club a lot. The financial shit turned out to be our vulnerability because of pre-covid spending and now they're trying to milk it to the very last drop. Otherwise the rest of the league wouldn't be able to compete IMO.
 

juve123

Senior Member
Aug 10, 2017
16,638
false accounting what? surely not wages
Article 31 which provides for points deduction is mainly related to false accounting.
The Italian FA has decided to open an investigation into the allegations that Juventus secretly paid players salaries in the early stages of the COVID pandemic.

The Bianconeri were previously in hot water for allegedly inflating players transfer values in order to help balance their books, but they were cleared of any sporting wrongdoing in April of this year. More concerning, however, is the suggestion that Juventus lied about suspending players salaries in the early months of the COVID pandemic back in 2020, allegedly paying their players under the table.

As reported by Sportface, the FIGC prosector has now opened an investigation into Juventus and any hidden player salary payments, which could see them in serious trouble.

According to Article No.31 of the Sporting Justice Code, the ‘falsification of accounting or administrative documents or any other illegal or evasive activity’ directly leading to the club’s registration for the Serie A season could cause a points deduction or even relegation.

Chairman Andrea Agnelli and the Juventus board of directors unexpectedly resigned on Monday and this situation is seemingly the root cause of that move.

- - - Updated - - -

I don't know the original source, but it has come up on Brazilian media that FIGC will demand 20 pts abduction from Juve due to the wages case.
The Brazilian media is not as reliable as the Italian media.
 

GordoDeCentral

Diez
Moderator
Apr 14, 2005
70,776
Thats the only thing that would make sense. We moved the costs into the next fiscal eventhough those costs referred to previous period and like you said, should have been accrued. But in general that kind of error/ommision is barely worth of fine.

Hidden payments are obviously false as it would require high level of manipulation, including auditing company joining in. Thats why I think that is if not impossible at this level than highly improbable.
Why would it elicit a fine, and why is it an error? I am pretty sure there's enough manipulations for expense deferral, also income smoothing is not illegal if accounting practices are followed.
 

PedroFlu

Senior Member
Sep 20, 2011
7,166
Article 31 which provides for points deduction is mainly related to false accounting.
The Italian FA has decided to open an investigation into the allegations that Juventus secretly paid players salaries in the early stages of the COVID pandemic.

The Bianconeri were previously in hot water for allegedly inflating players transfer values in order to help balance their books, but they were cleared of any sporting wrongdoing in April of this year. More concerning, however, is the suggestion that Juventus lied about suspending players salaries in the early months of the COVID pandemic back in 2020, allegedly paying their players under the table.

As reported by Sportface, the FIGC prosector has now opened an investigation into Juventus and any hidden player salary payments, which could see them in serious trouble.

According to Article No.31 of the Sporting Justice Code, the ‘falsification of accounting or administrative documents or any other illegal or evasive activity’ directly leading to the club’s registration for the Serie A season could cause a points deduction or even relegation.

Chairman Andrea Agnelli and the Juventus board of directors unexpectedly resigned on Monday and this situation is seemingly the root cause of that move.

- - - Updated - - -


The Brazilian media is not as reliable as the Italian media.
it would be allegedly proportional to the financial gains in which case (60M plusvalenza - 80M wages)
 

Vlad

In Allegri We Trust
May 23, 2011
23,990
Why would it elicit a fine, and why is it an error? I am pretty sure there's enough manipulations for expense deferral, also income smoothing is not illegal if accounting practices are followed.
It is important to which period cost refer to, which is derived from when a delivery of goods/services is done. Those salaries apparently belong to a previous fiscal, because players delivered their services then, regardless of when the actual payment is made, so accountants need to accrue it. But yeah, there are lot of costs moved over or push into current fiscal depending on how much taxes you want to pay. Thats why I said its not that a big of a deal.
 

Valerio.

Senior Member
Jul 5, 2014
5,746
It is important to which period cost refer to, which is derived from when a delivery of goods/services is done. Those salaries apparently belong to a previous fiscal, because players delivered their services then, regardless of when the actual payment is made, so accountants need to accrue it. But yeah, there are lot of costs moved over or push into current fiscal depending on how much taxes you want to pay. Thats why I said its not that a big of a deal.
but the point was that Serie A didn't restart until july which was when standard season as already over.
As our books and sporting season ends 30/06 where Serie A was off for Covid
I mean it was such a unpredictable thing and to punish us for it?
Inter didn't pay wages for 6months and had to wait for a loan to do so... but didn't get punished but sportive justice
 

Vlad

In Allegri We Trust
May 23, 2011
23,990
but the point was that Serie A didn't restart until july which was when standard season as already over.
As our books and sporting season ends 30/06 where Serie A was off for Covid
I mean it was such a unpredictable thing and to punish us for it?
Inter didn't pay wages for 6months and had to wait for a loan to do so... but didn't get punished but sportive justice
Yeah, thats why it makes even less sense to fine us. Point deduction is absurd threat.
 

Gigiventus

Senior Member
Mar 3, 2017
3,275
Yeah... COVID was a guilt-free year.
Losses were left and right everywhere.
Sporting advantage cannot be linked and the club registration rights were never in doubt even with those 90 mil debts
I'm not talking about sporting advantage. Accounting fraud is a crime. Juve is a publicly traded company, to not declare expenses is a serious thing as it purposely changes the valuation of the company to investors.
 

s4tch

Senior Member
Mar 23, 2015
33,524
but the point was that Serie A didn't restart until july which was when standard season as already over.
As our books and sporting season ends 30/06 where Serie A was off for Covid
I mean it was such a unpredictable thing and to punish us for it?
Inter didn't pay wages for 6months and had to wait for a loan to do so... but didn't get punished but sportive justice
i think (again, i think, just a guess) that the problem is the following
- players gave up on 4 months of wages on paper, which is fine, the league had an agreement with the clubs about this
- players still got paid the next season
- and here's the catch, they got paid through bonuses and other titles which aren't in their regular contract

wages are wages, and wages must be paid as wages. i'm not entirely familiar with the italian tax system, you might have more info on this, but if you pay wages and other benefits to employees, those might be charged with different taxes (payroll, personal income tax) and social contributions, so you're not allowed to pay wages as anything else. it's one of the more serious tax offenses in hungary, and since the european taxation systems are heavily harmonized, i'd say that italy might have similar rules.

also, communicating that players are nice guys, they agreed to give up on wages worth 4 months, we'll be fine after covid, then still paying benefits worth 3 months of wages is not entirely in line with the transparency rules.

i think that the whole plusvalenza case is a 100% witch hunt and the penalty is a joke, but the salary case maneuver was a risk not worth taking. players should have been forced to give up on those wages like with every other club - or wages should have been accounted as wages. even a consultation with the league would have been useful, at least the club would have a document with a figc stamp and signature on it telling us how to proceed.

:boh:
 

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