Juventus’ entire board of directors has resigned unanimously, according to an announcement made by president Andrea Agnelli on Monday night, claiming that the decision is in the “best interests of the club.”
The declaration came after the Italian giants had an emergency board meeting and decided to retire en masse during the mid-season World Cup break.
Despite retiring, Managing Director Maurizio Arrivabene is poised to continue in charge of his administrative duties, with the club set to enter a time of major transformation, according to the Daily Mail UK.
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It was also revealed that Agnelli issued a letter to all Juventus staff to officially break the news to them.
The letter read “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.
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“Remember everyone, we will recognise each other everywhere with a look: we are the people of Juve!”
Juventus reported a record-breaking loss of £220 million (€254.3 million) in the 2021/22 season.
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