XM does not provide services to residents of the United States of America.

Soccer-Rome prosecutors seek trial for former Juve managers in accounting case



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>UPDATE 1-Soccer-Rome prosecutors seek trial for former Juve managers in accounting case</title></head><body>

Adds Juventus comment in paragraph 3

ROME, July 17 (Reuters) -Rome prosecutors on Wednesday requested that formerJuventus JUVE.MI Chairman Andrea Agnelli and other ex-managers of Italy's most successful soccer club face trial over allegations of false accounting during their tenure, judicial sources said.

Agnelli and other defendants including former vice-chairman and Ballon d'Or winner Pavel Nedved would face various charges including stock marketmanipulation, obstruction of supervision and false invoicing, the sources said.

Juventus said in a statement that its lawyers had notified it of the request for indictment by the Public Prosecutor's Office of the Court of Rome.A lawyer for Agnelli, who was Juventus chairman from 2010 to 2022, was not immediately available to comment.

A judge will have to evaluate the prosecutors' request and decide whether to let a trial go ahead or dismiss the case. A date for a hearing on the issue has yet to be scheduled.

Juventus have repeatedly denied wrongdoing and said their accounting is in line with industry standards.

The club were docked 10 points for the Serie A season in May 2023after a ruling by an Italian soccer court in a case centred on the their transfer dealings.

In March of the same year, a Turin judge started to examine whether Agnelli, 11 other people and the club should face trial, but Italy's Supreme Court shifted the case from the club's home city to Rome at the request of defence lawyers.



Reporting by Alessandro Parodi, Marco Carta and Keith Weir, editing by Alvise Armellini, Christian Radnedge and Toby Davis

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.