ROME: Italian finance police investigators have raided the offices of record champions Juventus in an inquiry into concerns over a €50m fraud.

President Andrea Agnelli, deputy Pavel Nedved and former sporting director Fabio Paratici – now at Tottenham – are being investigated for false communications from listed companies and the issue of invoices for non-existent transactions along with three other executives and former Juventus finance officials.

The investigation is called Prisma and started last May involving wiretapping.

The allegation is that the size of transfer fees were manipulated.

Police officers were reportedly searching for documentation and other elements relating to the financial statements approved in the years from 2019 to 2021: with reference to both the buying and selling of players’ sports rights and regular balance sheet information.