Sunday, May 14, 2006

Scandal could cost Juventus £200M


Juventus could lose a staggering £200 MILLION from the results of the Italian wiretapping scandal.

Gazzetta dello Sport says Juve could be thrown out of Serie A over the revelations emerging from the phone taps involving their director general Luciano Moggi.
If Juve were dumped into Serie B, the £60 million-a-year Sky contract would be ripped up to be worth only £2 million. A 50 per cent reduction in their £7 million Nike deal would also take place.
Clauses involving damage to image could also place in doubt the £15 million-a-year Tamoil sponsorship and the £2 million from Mediaset.
All this would come on top of the expected mass exodus of Juve's stars, with the Turin giants being forced to take major losses on players who would refuse to play in Serie B.