Italy’s soccer authorities have reached a settlement agreement with Juventus in a case centred on alleged irregularities concerning the club’s payment of players’ salaries.
With the settlement, Italy’s most successful club aims to clear the slate with soccer authorities before the end of the current Serie A season, and provide clarity for their future, which has been clouded by financial scandals.
Under the terms of the agreement, Juventus will pay a 718,000 euro ($A1.2 million) fine and renounce any appeals in ongoing sports cases.
There will be no further points deducted for this season, after earlier this year losing 10 points in a separate soccer case regarding the club’s player transfers.
Milan-listed shares in Juventus rose as much as 9.9 per cent after the settlement was announced.
With one match left to play, the agreement leaves Juventus seventh in the Serie A table with 59 points, allowing them to qualify in theory for next season’s Europa Conference League and still potentially aspiring for a spot in the more lucrative Europa League.
However, they may have to forfeit their place in European soccer because of sanctions that could be imposed following a separate probe by European soccer’s ruling body UEFA, many Italian newspapers have reported.
Australian Associated Press