Hellas Verona President Maurizio Setti released a statement assuring he intends to prove he did not commit fraud or money laundering.
News agency ANSA reported the Guardia di Finanza – Italy’s economic police – seized €6.5m from the businessman as part of an investigation into potential embezzlement.
The accusation is that he used money from Verona to prop up another company in his possession and avoid bankruptcy.
Hellas Verona President Maurizio Setti released a statement assuring he intends to prove he did not commit fraud or money laundering.
News agency ANSA reported the Guardia di Finanza – Italy’s economic police – seized €6.5m from the businessman as part of an investigation into potential embezzlement.
The accusation is that he used money from Verona to prop up another company in his possession and avoid bankruptcy.
“I intend to clarify the absolute regularly and fairness of my conduct,” read Setti’s statement.
“I reject all accusations, aware that I have always acted with full transparency and in the interests of Hellas Verona and the fans that support this club.
“I did not illegally remove any money from Hellas Verona. The finances of a football club are checked very carefully. I trust that, as soon as possible, the magistrate will clarify the situation, especially after the Appeals Court in Bologna ruled my actions positively.
“The media clamour around this situation is also damaging to the club.”