italian serie a soccer club juventus on tuesday denied wrongdoing after prosecutors probing allegations of false accounting and market manipulation completed an investigation into the clubs financial statementsin italy the conclusion of an investigation usually precedes any request from prosecutors to send suspects to trialjuventus its board leading executives and members of the board of its statutory auditors have been informed that the current phase of the investigation has ended anna maria loreto chief prosecutor in the clubs home city of turin said in a statement late on mondaya source with direct knowledge of the matter told reuters that there are 15 suspects in all in addition to the club itself including club president andrea agnellijuventus a business listed on the milan stock exchange and italys most successful soccer club said it believed it had followed the correct proceduresjuventus remains convinced to have acted in compliance with the laws and regulations governing the preparation of financial reports in accordance with accounting principles and in line with the international practice in the football industry the club said in a statementthe turin prosecutor alleged that juventus understated its financial losses for 2018 2019 and 2020prosecutors have been looking into the values ascribed to player transfers between clubs and whether as stated salaries were sacrificed during the covid19 pandemic or simply deferredjuventus one of 12 leading european clubs that made a failed attempt to set up a breakaway european super league in april 2021 to beef up its finances is controlled by exor the holding company of italys agnelli familylast month the serie a side said it would finish the currentfinancial year in the redafter it reported a record 254 million euros 25329 million annual loss during the previous yearin 2021 the club completed a 400 million euro capital hike to shore up its finances in its second rights issue in the span of three years