Daily Times

MILAN: Italy’s soccer authorities on Tuesday said they had reached a settlement agreement with Juventus (JUVE.MI) in a case centred on alleged irregularities concerning the club’s payment of players’ salaries. Based on the agreement, Juventus will pay a 718,000 euro ($790,000) fine and renounce any appeals in ongoing sports cases. The agreement, which comes after Juventus were docked 10 points earlier this year in a separate soccer case regarding the club’s player transfer accounting, does not include further point deduction for Italy’s most successful team.