Financial Fair Play

The Italian Football Federation (FIGC) confirmed the punishment on Friday following an investigation into the 36-time Italian champions' past transfer dealings.

Juve have slipped from third in Serie A to 10th and are 12 points off the Champions League places with 20 matches left to play.

The FIGC also hit the club's former president Andrea Agnelli and former chief executive Maurizio Arrivabene with two-year bans from Italian football.

Former sporting director Fabio Paratici, who is now at Tottenham, has been given a 30-month ban.

However, the Bianconeri have always denied any wrongdoing and hope the sanctions will be overturned on appeal.

A statement by the club's lawyers read: "Today's acceptance of the appeal for revocation by the Federal Court of Appeal seems to us to constitute a clear unequal treatment to the detriment of Juventus and its managers compared to any other club or registered player.

"We are waiting to carefully read the reasons for presenting the appeal before the Sports Guarantee College. However, we point out, as of now, that only Juventus and its managers are attributed the violation of a rule, which the sports justice itself had repeatedly recognised did not exist. 

"We believe that this is a clear injustice also towards millions of fans, which we trust will soon be remedied in the next level of judgement."

Turin Public Prosecutor's Office had been seeking a nine-point deduction following a hearing earlier on Friday.

But the FIGC announced a harsher punishment after Juve were found to have used transfers to artificially boost their balance sheet.

The sanctions come on the back of chairman Agnelli and the rest of the Bianconeri's board resigning en masse last year.

That came in the wake of an investigation being launched into financial violations during their time in charge.

A separate ruling made last year acquitted Juve and other clubs of their financial conduct within Serie A, with a case centred on player values in exchanges and transfers.

But football prosecutors reopened the case against Juve after seeking new documents collected by public prosecutors in Turin surrounding the club's conduct.

Boehly headed the consortium that bought the Premier League side in May after the UK government received assurances former Blues owners Roman Abramovich would not benefit financially.

Abramovich had put the club up for sale after being sanctioned following Russia's invasion of Ukraine, with Boehly and Clearlake Capital's acquisition ending a 19-year spell for the Russian with Chelsea.

Chelsea were the most successful team during the Abramovich era, winning 21 major trophies, including five Premier League titles and two Champions League crowns.

That success came after significant investment from the Russian oligarch, but Boehly cannot foresee similar spending as Chelsea prepare for a new dawn under the American.

"Financial fair play is starting to get some teeth and that will limit ability to acquire players at any price," Boehly said at the SuperReturn International conference in Berlin.

"UEFA takes it seriously and will continue to take it seriously. [More teeth] means financial penalties and disqualification from sporting competitions."

Earlier in the week, LaLiga filed another UEFA complaint against Paris Saint-Germain over FFP breaches, as they did with Manchester City last April.

LaLiga chief Javier Tebas has repeatedly expressed his disappointment with the inflated spending levels, with PSG being taken to court over their actions.

That is perhaps why Boehly is considering alternate revenue channels to further aid the cause at Stamford Bridge, as he looks to bring an American-style thinking to English football.

"We think the global footprint of this sport is really undeveloped," Boehly said. "There are four billion fans of European football. There are 170 million fans of NFL.

"Global club football is a fraction of the NFL media money. We are also going to be thinking about, how do we get more revenues for the players?

"If you look at [NBA's] LeBron James, for example, he has a whole business and a whole team dedicated to what's not on the court.

"So I think there is an opportunity to capture some of that American mentality into English sports and really develop them."