After a few months of controversy between Juventus and Italian authorities, a final decision has been reached -on the team's financial statement issues, and it is not good news for the most-winning team in that country.

The decision issued by the Italian National Olympic Committee (CONI) states that the bianconeri will be stripped from ten points, which will automatically leave them without European football next season.

The press release by Italian authorities revealed that this sanction will be applied to the ongoing season.

"Requested by the Italian Sports Supervisory Board, the Federal Court of appeals has been urged to renew its sanction against Juventus for the capital gains case. The entity has sanctioned the club with a ten-points deduction that will be applied to the ongoing sports campaign," the document states.

"The court has also withdrawn charges against Pavel Nedved, Paolo Garimberti, Assia Grazioli Venier, Caitlin Mary Hughes, Daniela Marilungo, Francesco Roncaglio, and Enrico Vellano," the press release adds.

Other execs such as Maurizio Arrivabene and Fabio Paratici saw their initial sanctions being upheld.

The bianconeri have gone ahead and published their own press release to show their discomfort over this sanction, hinting that an appeal could be on its way to clarify these issues and try to stay among those playing European tournaments.