Friday March 11 2011
Gaddafi's Juventus assets frozen

Mouammar Gaddafi's assets have been frozen, including the 7.5 per cent of Juventus belonging to his company, LAFICO.

The EU has frozen all the assets of Colonel Gaddafi and his family following the unrest in Libya.

It has now been confirmed that includes LAFICO, a company that owns 7.5 per cent of Juventus.

“The club accepts the move from the Ministry of Economics and Finance,” read a statement.

It is not yet clear how that will affect the financing of the Bianconeri, who are running at a loss.

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