Tottenham Hotspur have announced that sports director Fabio Paratici has resigned from his position as a result of his global suspension from all football-related activity.
The 50-year-old’s decision comes after his attempted appeal against his 30-month punishment was rejected earlier this week by the Italian National Olympic Committee.
In January, Paratici was entangled in a scandal involving suspected financial mismanagement during his time at Juventus, and he was initially barred from participating in Italian Football Federation activities.
However, FIFA increased Paratici’s sentence to a worldwide suspension last month, and he immediately stepped down from his post at Tottenham while filing an appeal.
The former Juventus chief’s appeal was rejected by the CONI on Thursday, and Spurs have now confirmed that he is no longer with the club.
“Yesterday – 20 April 2023 – Fabio Paratici was unsuccessful with an appeal against his Italian Football Federation (FIGC) ban on certain football related activities,”
a statement read.
“FIFA ruled to extend the ban worldwide and, whilst there continues to be a dispute as to the scope and extent of the ban, the current worldwide ban prevents Fabio from fulfilling his duties as our Managing Director of Football.”
“Fabio has consequently taken the decision to resign from his position at the Club with immediate effect to focus on his legal position in respect of the FIGC and FIFA rulings.”
In the summer of 2021, Paratici joined Tottenham and collaborated closely with former manager Antonio Conte to raid the Serie A market, notably signing Cristian Romero, Dejan Kulusevski, and Rodrigo Bentancur.
Tottenham Chairperson comments on Fabio Paratici
In the midst of Tottenham’s hunt for a new manager following Conte’s abrupt departure last month, Paratici allegedly spoke with Reims head coach Will Still despite his international suspension.
Spurs chairman Daniel Levy expressed his best wishes to a man who “lives and breathes football” as the former Sassuolo star leaves after less than two years in the post.
“This has been a stressful time for Fabio and his family. We wanted to ensure that we allowed for due process to be followed. Fabio is a man who lives and breathes football – we wish him well,”
“As outlined in our year end results, we started several months ago to restructure our football operations and last week announced the appointment of Scott Munn as Chief Football Officer to head up all the departments. We shall continue to strengthen our football functions over the coming months.”
While Paratici’s appeal was denied, Juventus’ 15-point Serie A deduction was provisionally reversed, propelling them to third place in the table on the same night they advanced to the Europa League semi-finals, defeating Sporting Lisbon 2-1 on aggregate.
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