Juventus searched by finance police

Serie A club's office in Turin and Milan probed

Juventus searched by finance police

ROME: A prosecutor said that Italian finance police searched the offices of Serie A club Juventus in Turin and Milan, looking for documents relating to player trading between 2019 and 2021.

Juventus (JUVE.MI), Italy's most successful club with 36 league titles, is listed on the Milan stock exchange, and Exor is its largest shareholder (EXOR.MI).

In a statement issued late Friday, Turin prosecutor Anna Maria Loreto stated that the investigation is looking into whether senior executives at Juventus misled investors and issued invoices for non-existent transactions.

"Several transfer operations of professional players, as well as the services rendered by some agents involved in related intermediation, are being considered," Loreto stated.

Juventus announced in September that the Italian market regulator CONSOB was investigating revenue from player trading.

Last month, Italy's Federal Prosecutor launched an investigation into a number of Serie A soccer player transfers.

Edited - SportsAction / Inputs - Reuters