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.
Indian tennis player Rohan Bopanna announced his retirement at the age of 45 on Saturday, ending a professional career spanning more than two decades in which he captured two Grand Slam titles and also became the oldest men's doubles world number one.
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.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.