Andrea Agnelli explains decision to step down as Juventus president

Andrea Agnelli has admitted that stepping down as Juventus was ‘not an easy decision’ to make at the club’s annual shareholders’ meeting.

Agnelli recently left his post following accusations that, during his tenure as president, the club falsified their financial records. Vice-president Pavel Nedved, chief executive Maurizio Arrivabene and the entire board of directors resigned along with Agnelli. In Agnelli’s stead, Gianluca Ferrero has been named as the new club president.

Speaking at the annual shareholders’ meeting at the Allianz Stadium, the now ex-Juve president explained his decision to leave his post, stating: “Leaving the presidency was not an easy decision for me. In addition to loving Juve, I have worked hard to achieve the extraordinary results of recent years, on and off the pitch.

“I took this decision in full serenity, I remain firmly convinced of the good work of all these years, an opinion confirmed also in recent weeks by the analysis of numerous experts: Juventus will demonstrate its legitimacy in every avenue.

“I thought it appropriate to take a step back, to avoid that one could even think that the choices and decisions that will be made from now on were conditioned by my personal involvement.

“It was an honour to be President of Juventus, which comes before everything and everyone. Fino Alla Fine.”

La Vecchia Signora also confirmed that they’d approved a €239m loss during the 2021-22 financial year – the second biggest loss record in Serie A histo