The Bianconeri have been found guilty of inflating transfer values for capital gains.
Juventus have saved around €90 million in player salaries after committing a number of different financial violations, according to Serie A’s financial prosecutor.
Back in November, suspicions of financial mismanagement forced Andrea Agnelli and Pavel Nedved to step down from their respective posts as the club’s president and vice president.
The Serie A officials have now confirmed a shocking 15-point deduction for Juventus with immediate effect.
The Italian Football Federation (FIGC) has also banned Agnelli and Maurizio Arrivabene from football for two years. Former Juve sporting director Fabio Paratici, who currently works at Tottenham, has also received a two-and-a-half-year ban.
A statement from FIGC reads: “The Federal Court of Appeal presided over by Mario Luigi Torsello has partially accepted the appeal of the Federal Prosecutor’s Office… sanctioning Juventus with 15 penalty points to be served in the current football season and with a series of inhibitions for 11 Juventus executives (30 months for Paratici, 24 months for Agnelli and [Maurizio] Arrivabene, 16 months for [Federico] Cherubini, eight months for Nedved, [Paolo] Garimberti, [Enrico] Vellano, [Assia] Venier, [Caitlin] Hughes, [Daniela] Marilungo and [Francesco] Roncaglio).”
The punishment leaves Juventus in the tenth spot on the Serie A table. The club, however, might be able to appeal against the ruling in the near future.