Juventus have named Gianluca Ferrero as the candidate to replace Andrea Agnelli as the club’s new president, following the resignation of the club’s entire board on Monday.
Ferrero is the frontrunner for the position, and the Italian giants issued a statement announcing their plans on Tuesday morning.
Exor, the holding company that holds the majority of Juventus shares, chose the 59-year-old as their preferred candidate. He is an economist, the deputy chairman of Banca del Piemonte’s board of directors, and well-positioned to clean up the financial mess he could inherit.
According to various Italian media outlets, the board unanimously decided to retire as a result of their involvement in the Prisma investigation, which was launched by the Turin Public Prosecutor’s Office.
According to a statement on the club’s official website, the board received ‘new legal and accounting opinions’ from independent experts in charge of assessing the ‘critical issues’.
As a result, Agnelli’s extraordinary reign at the Allianz Stadium, including a nine-year run of Serie A titles, has come to an end.
Gianluca Ferrero To Replace Andrea Agnelli
Ferrero is expected to be a steady hand on the tiller, although many fans would prefer to see club legend Alessandro del Piero appointed as the new president. Del Piero is likely to return in some position, possibly replacing Pavel Nedved as vice president.
However, Ferrero is the preferred candidate to lead Juventus at this time, as stated in the following Juventus statement: ‘With reference to the decisions taken by the Board of Directors of Juventus FC and in advance of its Shareholders Meeting called for 18 January 2023, Exor communicates that it will indicate Gianluca Ferrero for the role of Chairman of Juventus.
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‘As a corporate adviser, auditor, Board and committee member of a number of companies, Mr. Ferrero has significant experience and the required technical competencies, as well as a genuine passion for the club, making him the person most qualified to fulfil this role.
‘Exor will publish the full list of its candidates for the renewed Board of Directors within the timeframe required by law.’
The club also released a brief working bio of Ferrero, describing his experience, which includes an economics degree and several stints on the boards of various banking institutions in Turin.
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