"Tottenham Sporting Director Fabio Paratici issued a worldwide ban: Club seek urgent enquiries from FIFA."

Henry

Mar 29, 2023

"Tottenham Sporting Director Fabio Paratici issued a worldwide ban: Club seek urgent enquiries from FIFA."

Tottenham has made "urgent enquiries" to FIFA as they seek to understand the implications of Fabio Paratici's worldwide ban, which could stop him from performing key duties.

Tottenham is seeking clarification regarding the ban of their sporting director, Fabio Paratici, whose future is uncertain. On Wednesday, FIFA extended his Italian Football Federation ban worldwide, prohibiting him from participating in activities globally. This is due to his involvement in a financial scandal at Juventus that resulted in a 15-point deduction in Serie A. The exact details of Paratici’s ban are still unknown.

Paratici joined Tottenham in 2021 and was later joined by Antonio Conte, who was hired by the club. However, the former Chelsea manager left earlier this week. As Tottenham searches for a new permanent manager, they have been dealt another setback.

Juventus financial scandal

The Italian Football Federation (FIGC) announced that Juventus had been deducted 15 points for “financial irregularities” and “false accounting” in relation to historic transfer dealings – the exchange of players between clubs1. This is about ‘plusvalenza’, or capital gains, which is basically the profit made on a transfer2. Some clubs have reportedly resorted to inflating the value of assets in order to be seen to have made a profit on certain transfers

Plusvalenza, or capital gains, is the profit made on a transfer. For example, if Juventus signs a player for €100 million on a five-year contract and then sells that player after three years for €60 million, they would make a capital gain of €20 million on his registration rights. Capital gains are important in football because they count directly towards a club’s annual profits. This is now of greater importance than ever before because of the introduction of UEFA’s Financial Fair Play (FFP) regulations more than a decade ago.

In the case of Juventus, the Italian Football Federation (FIGC) announced that the club had been deducted 15 points for “financial irregularities” and “false accounting” in relation to historic transfer dealings – the exchange of players between clubs. Some clubs have reportedly resorted to inflating the value of assets in order to be seen to have made a profit on certain transfers.