Juventus chairman Andrea Agnelli and the whole lot of the membership’s board have resigned abruptly, it has been confirmed.
The Bianconeri will see a serious shakeup in administration after affirmation {that a} shareholders’ assembly scheduled for final week has been postponed to subsequent month.
Alongside Agnelli, who has been accountable for the membership since 2010, vice-president Pavel Nedved and managing director Maurizio Arrivabene are additionally amongst those that have stop.
Arrivabene will stay because the membership’s chief govt officer to supervise the introduction of a brand new board, which will likely be confirmed in January.
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The collective resignation comes after Juventus’ monetary statements underwent scrutiny by prosecutors and Italian market regulator Consob in latest months for alleged false accounting and market manipulation. They have denied any wrongdoing.
In an announcement from the membership, Juventus confirmed the board’s choice to resign had come within the wake of recommendation following the problems raised by Consob, and auditor Deloitte.
“The members of the Board of Directors, considering the centrality and relevance of the pending legal and technical-accounting issues, have deemed it in the best social interest to recommend that Juventus adopt a new Board of Directors to address these issues,” it learn.
“To this finish, on the proposal of the chairman Andrea Agnelli… all of the members of the Board of Directors current on the assembly declared that they resigned from their workplace.
“The Board has requested Maurizio Arrivabene to maintain the position of Chief Executive Officer.”
The announcement seemingly ends a decades-long relationship with the membership for Agnelli, who was the fourth member of his household to function chairman.
Juventus are at present third in Serie A, however missed out on progressing to the knockout spherical of the Champions League, as an alternative dropping into the Europa League this season.
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