TURIN: The entire board of record Italian champions Juventus, including president and Super League proponent Andrea Agnelli, have resigned en bloc.

Juve finished fourth in Serie A last season and made an Italian record €254.3m loss. On top of this the club had already announced last that they were co-operating with police in an investigation into transfer market revenues between 2019 and 2021.

Agnelli and vice-president Pavel Nedved, who is also stepping down, were among those under investigation.

A club statement said the board members had all stepped down “having considered the centrality and relevance of pending legal and accounting issues.”

The outgoing board “considered it to be in the best social interest to recommend that Juventus equip itself with a new board of directors to address these issues.”

Managing director Maurizio Arrivabene will remain in post pending the appointment of a new board.

Agnelli was one of the chief architects of the breakaway plans to form the European Super League in 2021.

Juve, who are listed on the Italian stock exchange, are being investigated for allegations of presenting false accounting information to investors and producing invoices for non-existent transactions.

The club has denied any wrongdoing.

Other clubs are also the subject of a parallel investigation which was launched by the Italian federation in October.