Fabio Paratici Sanctioned For 2.5 Years

[only1waddle]

I think you are stretching mate.

No indication that he is untrustworthy in negotiations with teams/players/agents.

There's no stretching going on mate, it's plausible that club representatives might not want to negotiate with him, there was no indication BEFORE the verdict, there might be now.

 

[dontcallme]

How long was his contract?

Fabio Paratici - Manager profile

This is the profile site of the manager Fabio Paratici. The site lists all clubs he coached and all clubs he played for.

www.transfermarkt.co.uk

According to this site, no actual end date.

 

[TheHodFather]

The more I think about this the stranger it seems that Paratici has got the biggest sanction out of the whole lot of them. These are financial issues, and I'd be pretty damn surprised if it was the Director of Football or Sporting Director or whatever his job title was who was signing off on the accounts. That'd be the CFO or Finance Director's remit, surely? Paratici is an ex-player turned scout turned DoF. He's not an accountant or a finance guy, that's just not his area of expertise. And their accounts would have been been subject to external audit as well - they're a publically listed company. Not saying he's free of blame or anything like that as I just don't know, but there does seem like a bit of a fall guy vibe about all this to me.

 

[Bluto Blutarsky]

Juventus: 2023 begins with dark sky over Turin as financial & legal clouds gather - https://www.bbc.co.uk/sport/football/64150753

Yeah - not seeing anything that would cause me concern as a Spurs supporter.

And nothing that would suggest teams would not deal with him.

 

[Bluto Blutarsky]

There's no stretching going on mate, it's plausible that club representatives might not want to negotiate with him, there was no indication BEFORE the verdict, there might be now.

Why would anyone not want to deal with him?

He has not been charged with defrauding any other club, or player.

 

[Johnny J]

The more relevant thing is whether or not being unable to deal with Italian transfers (in whatever way he is restricted) materially limits his ability to properly carry out his duties as our director of football.

 

[only1waddle]

Why would anyone not want to deal with him?

He has not been charged with defrauding any other club, or player.

Human nature, it's awkward, and it's really not a good look for the club he was involved in this.

 

[Bluto Blutarsky]

The more relevant thing is whether or not being unable to deal with Italian transfers (in whatever way he is restricted) materially limits his ability to properly carry out his duties as our director of football.

Yes and no.

Yes if it sticks - but the bigger concern will be the bans issued by UEFA/FIFA

But, no for now - it will be appealed, and not in effect this transfer period. And he has folks working for him, so he could work the deals behind the scenes, while someone else acts as the Spurs rep in Italy.

 

[Bluto Blutarsky]

Human nature, it's awkward, and it's really not a good look for the club he was involved in this.

Again why would it be awkward. He is accused of helping Juventus balance their books by over-inflating the values of players that Juventus puts on their books, or sells.

It has nothing to do with other teams.

We have controls in place that would not allow for those kinds of financial shenanigans - so its very unlikely to occur at Spurs.

If he stole money from Juventus, or took bribes from teams/players/agents - sure that would be awkward - not this though.

 

[only1waddle]

Again why would it be awkward. He is accused of helping Juventus balance their books by over-inflating the values of players that Juventus puts on their books, or sells.

It has nothing to do with other teams.

We have controls in place that would not allow for those kinds of financial shenanigans - so its very unlikely to occur at Spurs.

If he stole money from Juventus, or took bribes from teams/players/agents - sure that would be awkward - not this though.

I've not implied he'd do the same here, I know it has nothing to do with other teams.
He's cooked the books, and covered it up, there's no getting away from that.
In my opinion that isn't a good look for someone in such an established position, if it was such a trivial matter he wouldn't get a 30 month ban either.
I'll leave it there, we'll just go full circle mate.

 

[Johnny J]

Yes and no.

Yes if it sticks - but the bigger concern will be the bans issued by UEFA/FIFA

But, no for now - it will be appealed, and not in effect this transfer period. And he has folks working for him, so he could work the deals behind the scenes, while someone else acts as the Spurs rep in Italy.

Have UEFA or FIFA issued bans? I didn't realise that, hence my talking only about Italy.

 

[Bluto Blutarsky]

Have UEFA or FIFA issued bans? I didn't realise that, hence my talking only about Italy.

Not yet - I think that will be a formality once the appeals are done - but I also don't know that the case will hold up on appeal.

I don't have a good understanding why Juve and Paratici have been singled out, as the deals themselves required two teams to agree. Maybe there is evidence that Juve/Paratici forced other teams into these valuations - but it seems odd to punish just one team when so many had been charged with the same conduct.

 

[legion]

Or people were throwing him under the bus since he is no longer at the team...

Don't think that is the case...


see:

so this is the best piece I've found so far about exactly what Italian prosecutors have on Juventus Paratici kept a "little black book" which has just been recovered the implication is that it includes the club's real and fraudulent books

 

[Bluto Blutarsky]

Don't think that is the case...


see:

That doesn't really say what you think it says.

It says Paratici was keeping notes of a potential criminal conspiracy. But, it does not indicate who was responsible for the plan to help Juve's books. That could have been Paratici - but we don't know that, and any speculation is really just that.

We can say that he played a role - but, we don't really know who was leading those decisions, and signing off on them.

 

[septicsac]

Reckon as soon as this window closes he is gone, there is no way in hell you can be trying to sweet talk some investment into the club, while you have the likes of FP and what he is accused of going on in the background.

 

[neogenisis]

I dont know if anyone has watched the SSN Deadline day Documentary but we are in it, they follow Tanganga's failed move to AC/Inter Milan. Paratici is in for an episode (Episode 1 near the end) where Tanganga's Agent is talking to Inter then he phones Paratici. He tells Patatici that Inter want a loan with an option to buy, Para is really terse and tells the Agent that its an obligation if he plays more than 50% of the games, then tells him to tell the Inter Chairman to basically to stop dicking about, and that he is Italian too so he knows how this works.
He comes across in that moment a really no nonsense, tell it like it is and stop fucking around kind of guy. There is also a part where they are at a function and Tanganga's agent is trying to set up a meet with Paratici, and I swear watching it the Agent is almost scared of interrupting him.

I think that if its a ban that extends out of Italy and into other Associations he will be gone. I dont see him stepping aside unless forced too.

 

[skiba]

The more I think about this the stranger it seems that Paratici has got the biggest sanction out of the whole lot of them. These are financial issues, and I'd be pretty damn surprised if it was the Director of Football or Sporting Director or whatever his job title was who was signing off on the accounts. That'd be the CFO or Finance Director's remit, surely? Paratici is an ex-player turned scout turned DoF. He's not an accountant or a finance guy, that's just not his area of expertise. And their accounts would have been been subject to external audit as well - they're a publically listed company. Not saying he's free of blame or anything like that as I just don't know, but there does seem like a bit of a fall guy vibe about all this to me.

From reading more into it Juventus have overstated their profits though inflated transfer fees and paying players off the books to reduce their costs. These are two areas that are very difficult to audit. For instance everyone knows that values used in the Artur and Pjanic swap deal were inflated but to prove that is very difficult. It's why the case was originally thrown out as putting a value in a player is very much a grey area.

Auditors aren't there to investigate fraud (although if they are duty bound to investigate/report if they find irregularities) and rely on information provided by the management. They simply aren't going to look for potential salary payments made off the books and it's the duty of the management and the board to give this information to them.

I think it's worth noting that there are two investigations going on here. A criminal one by the regulators of the Italian Stock exchange and a sporting one by the Italian FA. The punishments handed by the sporting authorities may not mirror those imposed by the stock exchange regulators (if found guilty). A player caught doping is not a criminal offence however from a sporting perspective it's heavily punished. If found guilty of false accounting in the criminal investigation, I imagine those responsible for the financial reporting will be under more scrutiny than the sporting director.

 

[RJR1949]

I don’t see how Paratici can possibly stay in his job.

In addition to the ban he is already facing he is

potentially going to face criminal charges for the offence for which he has received the sporting sanction with the trial due to start March 27th;

accused of entering into a secret agreement with Ronaldo (and possibly other players) to pay him (them) three months of the four months salary they supposedly gave up during the pandemic; Ronaldo’s lawyer has a contact to this effect signed by Paratici;

facing an investigation by UEFA that the dealings for which he was punished by the Italian FA also breached UEFA’s Fair Play Rules.

Just fighting these charges will be a distraction from his work at Spurs and if he is convicted then he will be barred from working in football for a considerable period.

 

[ultimateloner]

Pity this because he seems like an able guy.
Our activity with Italy-based clubs has increased and he seems to have a hand in our recent successful recruits (Kulu + Bentacur) and more importantly, in getting rid of deadwood (Ndom)

However if we are going off common sense, then his time with us is likely in countdown.
He is a easy scapegoat now for our transfers and internal political conflict. His job has become harder to do.

 

[Duke of Northumberland]

Deafening silence from the Club on this....