Juventus FC Is In A Whole Lot Of Trouble

Chaos in Turin as Andrea Agnelli and Pavel Nedved are among those to have stepped down from high-profile posts at the Allianz Stadium. In a remarkable turn of events, the entire board of directors at Serie A giants Juventus resigned on November 28, 2022.  It comes after Juventus’s financial statements underwent scrutiny by prosecutors and the Italian market regulator Consob in recent months for alleged false accounting and market manipulation. The company has denied any wrongdoing. Juve have posted record losses of €254.3 million (£219m/$264m) for 2021-22 and a shareholders’ meeting that was due to take place on November 23 was initially pushed back to December 27. It has, however, been revealed that all members of the club’s board are now stepping down, with president Andrea Agnelli and vice-president Pavel Nedved among those to be vacating their posts.

That decision has been taken following an investigation into alleged false accounting and communication on behalf of the Serie A heavyweights, with CONSOB – the body in charge of supervising activity on the Italian stock market – asking for clarification on the Bianconeri’s balance sheet. The Turin Prosecutor is also investigating salary payments that were supposedly deferred during the Covid-19 pandemic. Authorities are seeking to prove that Juve did not give up four months’ worth of payments, as was claimed at the time, and that only one month was given up, with wages continuing to be paid through a series of private agreements.

In May and June 2020, 23 players signed agreements that would see their respective salaries reduced in a bid to cut costs during a testing period financially for clubs around the world – with games played out in empty stadiums as supporters were prevented from attending. According to the Gazzetta dello Sport, Juventus stars were paid “in the black” to allow the players and the club to avoid taxes, while statements were allegedly falsified in order to make out that books had been balanced.

Your Personal Holiday Wish List?

Your personal holiday wish list

One of the things that really gets my goose is that we here in India do not get a proper holiday time away from work. Even though I am not religious and do not have any affinity towards the Christmas/Hannukah period, it is the end of the calendar year. We follow this calendar and make January as the beginning of the year and we celebrate December as the end of the year/365 days culminating with the only day that I actually properly observe i.e New Year’s eve and New Year’s Day!

We should get a few days off and everyone should get a few days off. Rotate it so that everyone gets a period of 10 days off at the end/beginning of the year so that we can unwind, spend some time with family and go on a little break holiday if we want to. Why the fuck do Indian corporate companies not get the time off? Ofcourse, our work is outsourced. We need to get the rest of the world get their time off so they can go and enjoy with their families and friends, while we do the work for them.

My simple wish is that we all get a few days off so that we can put our feet up, drink some drinks, eat some eats and spend time with our families. I’d like for that to happen, not just for me but for everyone. Forget about the reduction and discounts of buying stuff and gifting people – you can do that as well but what is more important is the downtime and bonding that can happen due to that.

Prompt from 31 DECEMBER BLOG POST IDEAS at BloggingHerWay.com