Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Inter in Financial Probe
Reuters, June 20th, 2007 4:15PM

MOST READ

MOST COMMENTED

An Italian commission has accused Inter Milan of inflating certain transfer fees between 2003 and 2005, saying the Serie A champion would have been financially insolvent before the 2005-06 season had it not made the illegal move. The commission accused Inter of failing to show "losses connected to the fictitious capital gains" which "would not have fitted the parameters asked for by Covisoc for registration in the 2005-06 championship." Covisoc is an accounting body that monitors Italian clubs' finances.

Both Inter Milan president Massimo Moratti and AC Milan vice president Adriano Galliani are being investigated for inflating transfer fees in order to obtain fictitious capital gains. Inter denied the accusations in a statement.

The irony here, of course, is the fact that 2005-06 is the year Inter was controversially awarded the Serie A title by default after both Juventus and AC Milan (which finished the season in first and second place, respectively) were found guilty of match-fixing and deducted points. This past season, however, Inter won the title completely on merit. So far, there's been no indication Inter will be subject to sporting sanctions as a result of its actions.

Read the original story...



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Platini: Blatter No Longer Serves Soccer    
UEFA President Michel Platini on Friday launched perhaps his most scathing criticism of FIFA President Sepp ...
Gundogan Back for BVB; Reus, Mkhitaryan Close    
Ilkay Gundogan is set to put 14 months of injury misery behind him on Saturday when ...
Several Clubs Linked to Norwegian Wonderkid    
Norwegian wonderkid Martin Odegaard is on the radar of several top European clubs after becoming the ...
Agent: Xavi Not Joining NYCFC in January    
Xavi Hernandez's agent Ivan Corretja on Friday sought to quash the rumors linking his client to ...
Vogts Leaves Azerbaijan Post    
Berti Vogts on Friday stepped down as head coach of Azerbaijan after six years at the ...
FIFA: World Cup Corruption Report Cannot Be Published in Full    
The German judge overseeing FIFA's investigation into the controversial bidding process for the 2018 and 2022 ...
Garcia: 'Roma is Stronger Than Juventus'    
AS Roma coach Rudi Garcia believes that his team is stronger than Juventus and can beat ...
Morocco Bows Out as AFCON Host Due to Ebola    
Morocco has officially decided not to host the 2015 African Cup of Nations due to the ...
Murder charges dropped against former Clarkson coach    
Former Clarkson men's coach Oral "Nick" Hillary had murder charges in the 2011 death of a ...
Levski Fined for Racism Banner    
Bulgarian club Levski Sofia has been fined 19,000 levs ($12,419) after fans mocked one of the ...
>> Section 2 Around the Net Archives