Latest news with #Agnelli
Bloomberg
3 days ago
- Business
- Bloomberg
Elkann Siblings Agree to Pay €175 Million to End Italy Tax Case
By and Daniele Lepido Save The Agnelli clan's John Elkann and his siblings, Lapo and Ginerva, agreed to pay about €175 million ($204 million) to Italy's revenue authority as they seek to settle a probe over alleged tax evasion, according to people familiar with the matter. A spokesperson for the siblings confirmed Sunday that they've come to an agreement with Italy's Revenue Agency, as reported in the local press. The representative didn't confirm the total amount paid. The figure was disclosed by people who spoke on condition of anonymity, because they're not authorized to speak publicly.
Yahoo
04-07-2025
- Automotive
- Yahoo
Italy's Agnelli family approached by suitors for La Repubblica's publisher
TURIN (Reuters) -Italy's Agnelli family received several expressions of interest for GEDI, the publisher of Italian dailies La Repubblica and La Stampa, but no deal has been reached, a spokesperson for the family's holding company EXOR said on Thursday. Italian newspaper Il Foglio reported that EXOR, which also is the single largest shareholder in carmaker Stellantis, is considering the sale of GEDI. It added that French media group Vivendi and Greek media company Antenna Group were potential buyers. "With reference to reports regarding GEDI Group, Exor says it has received several expressions of interest in these past years, but none of them have been followed up ", a spokesperson told reporters on the sideline of an event in Turin. GEDI reported sales for 224 million euros ($263.63 million) last year, when it posted a 15 million euros loss. The business is worth 0.3% of EXOR's net asset value, or 118 million euros, according to Italian broker Intermonte. ($1 = 0.8497 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
28-06-2025
- Business
Ex-Juventus president Andrea Agnelli seeks plea bargain deal in false accounting case
ROME -- Former Juventus president Andrea Agnelli has requested a plea bargain deal that would give him a 20-month sentence in a false accounting trial that contributed to his downfall at the record 36-time Serie A champion. Former Juventus vice president Pavel Nedved requested a deal of 14 months and former Juventus sporting director Fabio Paratici and chief legal officer Cesare Gabasio each requested 18 months. Prosecutors began investigating in 2021 whether Juventus, which is listed on the Milan stock exchange, cashed in on illegal commissions from transfer and loans of players. The case has also explored whether investors were misled with invoices being issued for non-existent transactions to demonstrate income that in turn could be deemed false accounting. A decision in the case, which was moved from Turin to Rome, is expected in September, a preliminary judge announced Friday. The case prompted Agnelli and Juventus' entire board of directors to resign in 2022. Agnelli was then given two separate bans by sports authorities, the last of which expires in October. Juventus was hit with a 10-point penalty in the 2022-23 season and then removed by UEFA from the Conference League for financial irregularities. If the plea bargains are accepted in September, it could be the final step in the false accounting legal cases at Juventus and set up Agnelli's possible return to soccer after his sports ban expires a month later.
San Francisco Chronicle
28-06-2025
- Business
- San Francisco Chronicle
Ex-Juventus president Andrea Agnelli seeks plea bargain deal in false accounting case
ROME (AP) — Former Juventus president Andrea Agnelli has requested a plea bargain deal that would give him a 20-month sentence in a false accounting trial that contributed to his downfall at the record 36-time Serie A champion. Former Juventus vice president Pavel Nedved requested a deal of 14 months and former Juventus sporting director Fabio Paratici and chief legal officer Cesare Gabasio each requested 18 months. Prosecutors began investigating in 2021 whether Juventus, which is listed on the Milan stock exchange, cashed in on illegal commissions from transfer and loans of players. The case has also explored whether investors were misled with invoices being issued for non-existent transactions to demonstrate income that in turn could be deemed false accounting. A decision in the case, which was moved from Turin to Rome, is expected in September, a preliminary judge announced Friday. The case prompted Agnelli and Juventus' entire board of directors to resign in 2022. Agnelli was then given two separate bans by sports authorities, the last of which expires in October. Juventus was hit with a 10-point penalty in the 2022-23 season and then removed by UEFA from the Conference League for financial irregularities. If the plea bargains are accepted in September, it could be the final step in the false accounting legal cases at Juventus and set up Agnelli's possible return to soccer after his sports ban expires a month later. ___
Hamilton Spectator
28-06-2025
- Business
- Hamilton Spectator
Ex-Juventus president Andrea Agnelli seeks plea bargain deal in false accounting case
ROME (AP) — Former Juventus president Andrea Agnelli has requested a plea bargain deal that would give him a 20-month sentence in a false accounting trial that contributed to his downfall at the record 36-time Serie A champion. Former Juventus vice president Pavel Nedved requested a deal of 14 months and former Juventus sporting director Fabio Paratici and chief legal officer Cesare Gabasio each requested 18 months. Prosecutors began investigating in 2021 whether Juventus, which is listed on the Milan stock exchange, cashed in on illegal commissions from transfer and loans of players. The case has also explored whether investors were misled with invoices being issued for non-existent transactions to demonstrate income that in turn could be deemed false accounting. A decision in the case, which was moved from Turin to Rome, is expected in September, a preliminary judge announced Friday. The case prompted Agnelli and Juventus' entire board of directors to resign in 2022. Agnelli was then given two separate bans by sports authorities, the last of which expires in October. Juventus was hit with a 10-point penalty in the 2022-23 season and then removed by UEFA from the Conference League for financial irregularities. If the plea bargains are accepted in September, it could be the final step in the false accounting legal cases at Juventus and set up Agnelli's possible return to soccer after his sports ban expires a month later. ___ AP soccer: Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
