News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Home  » Sports » Prosecutors investigate AC Milan

Prosecutors investigate AC Milan

December 31, 2004 14:08 IST
Get Rediff News in your Inbox:

Prosecutors are investigating the accounts of Serie A clubs AC Milan and Inter Milan as part of a probe into suspected accounting fraud in Italian soccer, sources close to the investigation said on Thursday.

The two Milan clubs were not available for comment.

In February, finance police searched the offices of all 42 soccer clubs in Italy's top two divisions, the Italian Football Federation and the body that runs the Italian league.

At the time, the clubs denied wrongdoing.

Italian soccer sides, some of which are battling record debts and heavy losses, came under increasing legal scrutiny earlier this year following allegations of widespread balance sheet malpractice and transfer irregularities.

Get Rediff News in your Inbox:
Source: REUTERS
© Copyright 2024 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Paris Olympics 2024

India's Tour Of Australia 2024-25