A panel has reversed Juventus’ 15-point deduction in the current Serie A season for inflating transfer values and lying to financial officials.

The supreme sports court of the Italian National Olympic Committee (CONI) accepted Juventus’ appeal against their punishment on Thursday, April 20.

The court however ordered a new trial to take place at the sports court of the Italian Football Federation (FIGC).

The lifting of the points deduction means Juventus move up from seventh to third in the Serie A table, while champions AC Milan were knocked out of the Champions League places.

The FIGC sports court decided to punish Juventus in January.

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According to the investigation, the financial violations saved the club some 90 million euros ($98.64 million) between 2018 and 2020.

In addition to the points deduction, former club bosses were also punished individually.

Former President Andrea Agnelli was banned for two years from any activities in Italian football, while former Vice President Pavel Nedved was banned for eight months.

Agnelli had his appeal rejected, while Nedved was successful in appealing against his ban.

Current Tottenham director, Fabio Paratici, was hit with a 30-month suspension and also lost his appeal.

Agnelli, Nedved, and the rest of Juventus’ board, resigned last November amid an investigation into alleged tax fraud.

The Star