$102m wiped off Juve shares
PROSECUTORS questioned the Juventus official at the centre of Italy's match-fixing scandal overnight.
And trading in the Serie champion's shares were suspended after they slumped for the fourth consecutive day. Luciano Moggi, who resigned as general manager of Juventus on Sunday, spent seven hours facing questions from prosecutors investigating the telephone taps that have rocked Italian football.
"It was calm and without bitterness," said Moggi's lawyer, Fulvio Gianaria.
"There was a general discussion for half of the time and then we examined individual incidents."
Moggi features heavily in the published telephone intercepts that prompted Naples prosecutors to place 41 people under investigation, including referees as well as club and federation officials.
In the taps, Moggi discussed refereeing appointments with top football federation officials, and in one case bragged of locking a referee in his changing room after a game.
The scandal, which overshadowed Juve's title win on Sunday, has wiped about 62 million euros ($102 million), or 23 percent, off Juve's market worth in the last week, putting the company's value today at around 209 million euros ($350 million).
Milan's bourse stepped in with measures to limit declines in shares of Juventus, after continuing headlines over the club prompted a slump that triggered their suspension.
Juve's second successive title, the 29th in its history, may be only provisional due to various legal probes.
AC Milan, owned by outgoing Prime Minister Silvio Berlusconi, Rome club Lazio and Fiorentina, owned by Diego Della Valle, head of luxury shoe maker Tod's, are the three other clubs linked to the investigation.
The affair also overshadowed the announcement of Italy's World Cup squad, but coach Marcello Lippi said he is sure the national side will not be affected by the investigations.
"Italy will give a great impression of itself at the World Cup from a technical and moral point of view," said former Juventus coach Lippi.
The Italian Olympic Committee will today decide whether to appoint an emergency administrator to run the football federation until a new leadership is elected.
Former AC Milan and Italy player Gianni Rivera, now a centre-left politician, has emerged as an early favourite for the post.
Rivera, who has rarely seen eye-to-eye with Berlusconi, has already won the backing of leftist Rome mayor Walter Veltroni, who said: "He is the right man for the job."
Agence France-Presse
http://foxsports.news.com.au/story/0,8659,19151979-23210,00.html?from=rss
PROSECUTORS questioned the Juventus official at the centre of Italy's match-fixing scandal overnight.
And trading in the Serie champion's shares were suspended after they slumped for the fourth consecutive day. Luciano Moggi, who resigned as general manager of Juventus on Sunday, spent seven hours facing questions from prosecutors investigating the telephone taps that have rocked Italian football.
"It was calm and without bitterness," said Moggi's lawyer, Fulvio Gianaria.
"There was a general discussion for half of the time and then we examined individual incidents."
Moggi features heavily in the published telephone intercepts that prompted Naples prosecutors to place 41 people under investigation, including referees as well as club and federation officials.
In the taps, Moggi discussed refereeing appointments with top football federation officials, and in one case bragged of locking a referee in his changing room after a game.
The scandal, which overshadowed Juve's title win on Sunday, has wiped about 62 million euros ($102 million), or 23 percent, off Juve's market worth in the last week, putting the company's value today at around 209 million euros ($350 million).
Milan's bourse stepped in with measures to limit declines in shares of Juventus, after continuing headlines over the club prompted a slump that triggered their suspension.
Juve's second successive title, the 29th in its history, may be only provisional due to various legal probes.
AC Milan, owned by outgoing Prime Minister Silvio Berlusconi, Rome club Lazio and Fiorentina, owned by Diego Della Valle, head of luxury shoe maker Tod's, are the three other clubs linked to the investigation.
The affair also overshadowed the announcement of Italy's World Cup squad, but coach Marcello Lippi said he is sure the national side will not be affected by the investigations.
"Italy will give a great impression of itself at the World Cup from a technical and moral point of view," said former Juventus coach Lippi.
The Italian Olympic Committee will today decide whether to appoint an emergency administrator to run the football federation until a new leadership is elected.
Former AC Milan and Italy player Gianni Rivera, now a centre-left politician, has emerged as an early favourite for the post.
Rivera, who has rarely seen eye-to-eye with Berlusconi, has already won the backing of leftist Rome mayor Walter Veltroni, who said: "He is the right man for the job."
Agence France-Presse
http://foxsports.news.com.au/story/0,8659,19151979-23210,00.html?from=rss
