Juventus have been handed a 10-point deduction following a year-long investigation of improper transfer dealings.
The appeal court ruling, handed on Monday evening, sees Juventus, previously second with 69 points, drop to seventh on the Serie A table with 59 points.
TheCable had earlier reported that the Turin-based giants were handed a 15-point deduction for alleged financial irregularities and false accounting.
While the ban was temporarily lifted pending an appeal, the latest ruling places Juventus out of spots for the UEFA Champions League (UCL).
In a club statement released after the ruling, Juventus said it will appeal the verdict at the country’s national olympic committee (CONI), a body saddled with the responsibility to consider disciplinary decisions in sports.
Juventus Football Club takes note of what was decided by the FIGC Court of Appeal and reserves the right to read the reasons to evaluate a possible appeal to the Guarantee Board at CONI. What was established by the fifth instance of judgment in this matter, which began more than…