Prosecutors have outlined the allegations against Sampdoria President Massimo Ferrero, including embezzlement, fraud, and use of false invoices.
The owner has had some of his assets seized as part of an investigation by the financial police, as emerged on Wednesday morning.
Now calciomercato.com has set out the allegations by prosecutors Sabina Calabretta and Rodolfo Sabelli.
The website reports that Ferrero, his daughter Vanessa, his nephew Giorgio, his partner Manuela Ramunni and directors Marco Valerio Guercini and Andrea Diamanti are all under suspicion.
The allegations, which Ferrero denies, are of embezzlement, fraud, issue and use of false invoices, money laundering and use of money, assets or benefits of illicit origin.
It’s claimed that over €1m from the sale of Pedro Obiang to West Ham United was taken out of the club’s coffers for personal use, through a complex network of companies traceable to Ferrero himself.
Suspicion was aroused after a contract was signed with a company called Vici for redevelopment of the training ground.
That was an immediate red flag for the financial police, as the company is run by Ferrero’s daughter and manages cinemas.
Vici then allegedly sent 17 cheques worth a total €805,000 to Livingston, the airline owned by Ferrero which went bankrupt in 2010, and Farvem Real Estate, another family company.
The Sampdoria owner has already admitted to fraudulent bankruptcy in the Livingston case, for which he was sentenced to 22 months in prison, though he never actually did time.
The remainder of the money was allegedly used to pay a €102,000 tax bill, and to finance a film produced by his daughter Vanessa and nephew Giorgio.