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Serie A president Lorenzo Casini gave verdict on capital gains case and Juventus punishments
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The president of the Serie A league, Lorenzo Casini, addressed the issue of Juventus’ capital gains and potential punishments during a press conference on the sidelines of the assembly held among the 20 clubs today.
Casini acknowledged that the issue of capital gains is a serious one and that it has been a topic of discussion in recent months.
He also pointed out that capital gains, as such, are not inherently negative, as they are a part of the market and some companies thrive on them. However, he emphasized that the problem arises when there is abuse, which must be carefully examined not only in Italy.
Regarding the potential punishments for Juventus, Casini stated that the decision is still ongoing and that it is important to understand the reasoning behind it.
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He expressed appreciation for the words of Minister Abodi, and urged for patience while the decision is being made. He also noted that more detailed comments would be made once the decision is closed.
Lorenzo Casini said: “Capital gains issue is serious, we have also talked about it in recent months. Just look at the data from the Football Report to understand how much they have grown as a burden on the financial statements of the companies.
“Let us remember that capital gain as such is not evil, it is part of the market and there are companies that live healthily thanks to capital gains. The problem is when an abuse develops and it is what must be carefully checked, not only in Italy.
On Juventus punishments, he said: “There is an ongoing decision, I really appreciated the words of Minister Abodi, it is important to understand why and therefore the explanations. Let’s wait to read the reasons, while more detailed comments will be made when it is closed.”