Italian finance police have searched the offices of Serie A club Juventus in Turin and Milan, seeking documents relating to player trading between 2019 and 2021, a prosecutor said.
Juventus, which is Italy's most successful club with 36 league titles, is listed on Milan's stock exchange and its largest shareholder is Exor.
Turin prosecutor Anna Maria Loreto said in a statement released late on Friday that the investigation is looking into whether senior managers at Juventus gave false communications to investors and issued invoices for non-existent transactions.
"Several transfer operations of professional players and the services rendered by some agents involved in the related intermediation are under consideration," Loreto said.
Juventus and Exor had no immediate comment when asked by Reuters about the investigation.
In September, Juventus said that Italian market regulator CONSOB was looking into revenue received from player trading.
Italy's Federal Prosecutor last month opened an investigation into a number of soccer player transfers in Serie A.
New Zealand skittled England's top order on their way to a nervy two-wicket win in the third one-day international on Saturday to sweep the series 3-0 and send the tourists off to Australia with some concerns about their batting.
The Turkish Football Federation (TFF) suspended 149 referees and assistant referees on Friday after an investigation found the officials working in the country's professional leagues were allegedly betting on football matches.
A Josh Hazlewood masterclass with the ball and a batting blitz by Mitchell Marsh carried Australia to a dominant four-wicket win in the second T20I against India at the Melbourne Cricket Ground on Friday.
India ended Australia's title defence and booked their place in the ICC Women's World Cup final against South Africa after Jemimah Rodrigues smashed an unbeaten 127 to secure their thrilling five-wicket victory in the second semi-final on Thursday.
Passionate about sport? Then this is where you belong. Tom Urquhart, Chris McHardy and Robbie Greenfield are joined by an elite team of guests each week to look at all the sporting highlights of the weekend.
Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?