The reason the whole Juventus board stepped down has now become apparent

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There was breaking news last night when the whole of the Juventus board step down, now the reasoning behind that has become evident, according to GOAL the following happened;

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Juve posted record losses of €254.3 million (£219m/$264m) for 2021-22 and a shareholders’ meeting that was due to take place on November 23 was initially pushed back to December 27.

It has, however, been revealed that all members of the club’s board are now stepping down, with president Andrea Agnelli and vice-president Pavel Nedved among those to be vacating their posts.

That decision has been taken following an investigation into alleged false accounting and communication on behalf of the Serie A heavyweights, with CONSOB – the body in charge of supervising activity on the Italian stock market – asking for clarification on the Bianconeri’s balance sheet.

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