Police raid Inter Milan offices as part of finances probe

Last month, authorities stormed Juventus' offices in order to obtain data on player transfers and agent transactions between 2019 and this year.

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Inter milan players
(Photo by Mattia Ozbot - Inter/Inter via Getty Images)

Inter Milan, the current Serie A champions, was the latest team to have its offices raided by finance police on Tuesday as part of a massive probe into fake accounting.

Last month, authorities stormed Juventus offices in order to obtain data on player transfers and agent transactions between 2019 and this year.

The information demanded from Inter Milan in the probe was connected to player transfers in the 2017-18 and 2018-19 seasons, according to the club.

The inquiry focuses on inflated player valuations, which allow players to move from one team to another for substantially more money than they are actually worth.

These earned incomes are termed as “plusvalenze” and are a type of accounting fraud.

More clubs in Italy and Europe are being scrutinized for similar transactions, according to reports.

According to Inter Milan in a statement released

The request was made by the Milan Public Prosecutor’s Office to verify that the relevant capital gains were correctly recorded in the accounts.

The club’s financial statements have been drawn up in compliance with the most rigorous accounting principles. No Inter employee is being investigated. No charges have been made.

As the statement released by the Public Prosecutor’s Office says, these are preliminary investigations.

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