The club will face a 2o million EUR fine for financial fraud
The European Football governing body, UEFA, has announced a one-year suspension of the Italian club Juventus from participating in European competitions, as reported on the club's official website.
For financial irregularities, Juventus will also face a fine of €20 million. The investigation by UEFA, which commenced in December 2022, uncovered violations of financial fair play regulations and discrepancies in the club's financial statements.
In the previous season, 2022/2023, Juventus secured a seventh-place finish in the Italian Serie A with a total of 62 points. Their anticipated participation in the 2023/2024 UEFA Conference League has been impacted by this suspension.