The entire board directors at Juventus have resigned after the president,Andrea Agnelli made a resignation announcement on Monday night, stating that the decision is in the “best interest of the club.”
The announcement was made after the Italian giants held an emergency board meeting after which the decision was made to resign en mass amid the mid-season World Cup break.
Despite all board resignations ,Managing director Maurizio Arrivabene is set to remain in charge of his administrative duties with the club set to fall into a significant period of transition.
In the 2021/22 season ,Juventus had a record-breaking loss of £220million (€254.3m) as published by the Turin club
Agnelli wrote a letter to all Juventus employees to break the news to them as it reads; “We are facing a delicate moment in society. Better to leave everyone together, giving the possibility to a new team to overturn the game.When the team is not compact it lends itself to the opponents and this can be fatal.“At that moment we need to have clarity and contain the damage. I will continue to imagine and work for a better football club, comforted by a phrase by Friedrich Nietzsche: “And those who saw themselves dancing were considered crazy by those who did not hear the music.Remember everyone, we will recognise each other everywhere with a look: we are the people of Juve!”