Live

Repeat: OTB AM

10:00 AM-12:00 PM

Repeat: OTB AM
Advertisement
Soccer

"It's difficult to prove if they've broke the law" | Gabriele Marcotti on the investigation into Juventus

The Old Lady are under investigation by Italian authorities into their financial dealings and valuation of players traded on the market. 

Enda Coll
Enda Coll

19:49 8 Dec 2021



Soccer

"It's difficult to prove if they've broke the law" | Gabriele Marcotti on the investigation into Juventus

Enda Coll
Enda Coll

19:49 8 Dec 2021

Juventus may have broken the spirit of the law, but they may not have broken the letter of the law, says Gabriele Marcotti on the ongoing investigation into the club. 

The Old Lady are under investigation by Italian authorities into their financial dealings and valuation of players traded on the market.

Juventus’s annual financial report released in recent weeks included a note stating that the Italian market regulator, Consob, had opened an investigation into the club’s revenue from player trading. They and the public prosecutor have both been acting in part on information provided by Covisoc, a commission set up by the Italian Football Federation to monitor teams’ finances.

The creative methods deployed by clubs to ensure capital gains on the balance sheet have have been a concern in recent years, with some question marks of the valuation of certain players.

For example, when Juventus signed Arthur from Barcelona last summer, they agreed a fee of €72m, but that was offset by Miralem Pjanic moving in the opposite direction for €60m. Only €12m would change hands but both clubs could record healthy balance sheet for the players they had sold.

Six past and present Juventus directors are reported to be under investigation, including the president, Andrea Agnelli, and Fabio Paratici, now managing director of football at Tottenham. No charges have been issued thus far.

While some reports have been labelling the developments as the biggest scandal in recent memory, Italian football writer Gabriele Marcotti is less moved.

Speaking on The Football Show, Marcotti said that the case is not as clear-cut as being reported.

"What we're talking about is player trading. Every club does it. It's based on a very clear concept that when I sell a player for €20 million, I can book that as profit", Marcotti said.

"Let's pretend we're both Serie B clubs. Let's say I sell you a player for €10 million and in return, you sell me a player for €10 million. We don't actually give each other money. Let's pretend these players are from the youth team."

"The residual value on our books would be zero. But we can both book a €10 million profit on the sale of that player and then let's say we gave the player a five-year contract, so it's only costing us €2 million a year - you've effectively generated €8 million out of thin air for this year."

"It's very difficult to prove that the letter of the law was broken, I think it's fairly obvious that the spirit of the law was broken."

Football on Off The Ball, brought to you by Sky.

All the football you love in one place across Sky Sports, BT Sport & Premier Sports.

Tiger Woods to return alongside son at PNC Championship


Live: Title

Description

Added to queue
Removed from queue

On Air

Share

Share

Next up in queue

Title
Description
Duration

There are currently no podcasts in the queue

Go to podcasts

On Air

Repeat: OTB AM

Repeat: OTB AM

10:00 AM-12:00 PM

Share

Up next

Highlights on Off The Ball

Highlights on Off The Ball

12:00 PM-01:00 PM

Share

OTB Gold

OTB Gold

01:00 PM-02:00 PM

Share

LIVE: The Snap - American Football

LIVE: The Snap - American Football

02:00 PM-03:00 PM

Share

Highlights on Off The Ball

Highlights on Off The Ball

03:00 PM-06:00 PM

Share

OTB Gold

OTB Gold

06:00 PM-07:00 PM

Share

LIVE: Newsround

LIVE: Newsround

07:00 PM-07:30 PM

Share

LIVE: John Giles

LIVE: John Giles

07:30 PM-08:00 PM

Share

LIVE: Off The Ball

LIVE: Off The Ball

08:00 PM-09:00 PM

Share

LIVE: The Football Show

LIVE: The Football Show

09:00 PM-10:00 PM

Share

Repeat: Off The Ball

Repeat: Off The Ball

10:00 PM-12:00 AM

Share

Repeat: OTB AM

Repeat: OTB AM

12:00 AM-02:00 AM

Share

Repeat: Off The Ball

Repeat: Off The Ball

02:00 AM-05:00 AM

Share

Repeat: OTB AM

Repeat: OTB AM

05:00 AM-07:00 AM

Share

OTB's Crappy Quiz

OTB's Crappy Quiz

07:00 AM-07:30 AM

Share

LIVE: OTB AM

LIVE: OTB AM

07:30 AM-10:00 AM

Share

Repeat: OTB AM

Repeat: OTB AM

10:00 AM-12:00 PM

Share

00:00:00 / 00:00:00

Share on