NYON: The European football federation’s club financial body has announced it will cooperate with Italian authorities concerning alleged financial breaches being investigated at Juventus.

The CFCB First Chamber investigation will focus on issues relevant to proceedings led by the Italian companies and exchange commission and the public prosecutor in Turin.

On August 23 the CFCB concluded a settlement agreement with Juventus on the basis of the financial information previously submitted by the club regarding the financial years closing in 2018, 2019, 2020, 2021 and 2022.

A UEFA statement said:

In the event that, after conclusion of this investigation, the club’s financial situation was significantly different from that assessed by the CFCB First Chamber at the time the settlement agreement was concluded, or if new and substantial facts arise or become known, the CFCB First Chamber reserves the right to terminate the settlement agreement, take any legal step it may deem appropriate, and impose disciplinary measures in accordance with the applicable UEFA CFCB Procedural Rules.

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