Gianluca Ferrero officially inducted as Juventus president

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Gianluca Ferrero, a 60-year-old chartered accountant, was officially inducted on Wednesday January 18 as president of Juventus Turin after the resignation of Andrea Agnelli at the end of November, under the pressure of a judicial investigation into possible accounting fraud. Gianluca Ferrero was the candidate designated at the end of November by Exor, the holding company of the Agnelli family controlling the most successful of Italian football clubs (36 league titles), after the resignation of Agnelli with his vice-president Pavel Nedved and the whole from the administration board. Meeting on Wednesday morning in a general meeting, the shareholders elected the new board of directors, which then appointed Mr. Ferrero as chairman and Maurizio Scanavino as managing director. The new management will have the task of redressing the sporting situation of the Old Lady, without a title last season for the first time in eleven years, but above all the worrying financial situation: the club has recorded losses of more than 200 million euros these last two seasons and is in the crosshairs of both UEFA and Italian justice for possible accounting irregularities.

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