Italian giants Juventus are once again in the news cycle for all the wrong reasons after reports from Turin tonight detail a board-wide clearout at the Allianz Stadium. Per football insider Fabrizio Romano, president Andrea Agnelli, and vice president Pavel Nedved are at the head of a full restructuring campaign in Piedmont that will see the end of the Agnelli era.
Juventus board have decided to resign, including president Andrea Agnelli and vice president Pavel Nedved. It’s the end of Andrea Agnelli’s era as Juve president. 🚨⚪️⚫️ #Juventus
There will be new board and new club structure to be decided in the next months. pic.twitter.com/5QemEMkicH
— Fabrizio Romano (@FabrizioRomano) November 28, 2022
The Old Lady of Italian Football is expected to bring in a new board as well as institute structural changes from the top down at Juventus over the next few months amidst a period of frustration across the last few seasons in Serie A that has seen Juventus finish fourth in 2020-21 and 2021-22 while currently sitting third in the table but already ten points adrift of league leaders SSC Napoli.
Juventus are now the third club involved with the attempted creation of a European Super League just eighteen months ago that is set to embark on massive changes, and it is surely easy to suggest that the structural changes to come in Turin could – in part – be due to its failure to materialize.
Feels like some seismic changes in club football while all eyes on the World Cup — Liverpool and Man United put up for sale within last month, now entire Juventus board has resigned. Just 18 months after Super League came to nothing…
— Mark Ogden (@MarkOgden_) November 28, 2022
English giants Manchester United and Liverpool have been put up for sale in recent weeks, with the Premier League duo also directly involved in the ESL fiasco with some suggesting that their American owners have decided to sell up after their dream to help shift the football landscape in Europe fell flat on its face.
Other rumors surrounding Juventus are said to involve the fact that the board failed to disclose a whopping €216m in losses and would then immediately draw questions into how the club brought in Paul Pogba, Leandro Paredes, and Ángel Di María on free transfers this summer as well as moves for Federico Chiesa (€42m), Bremer (€41m), Filip Kostić (€13m), Andrea Cambiaso (€9m), and Arkadiusz Milik (loan), just one year after other big deals for Dušan Vlahović (€82m) and Weston McKennie (€20m).
Though Juve certainly sold well in the last two seasons to off-set the upfront cost of the deals that saw a massive recruitment change at the club, losses of that magnitude surely come partly due to the Covid-19 pandemic as well as what would surely be a massively bloated wage bill.
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