Overview

• Massimo Cellino and Brescia Calcio are under investigation for alleged money laundering and tax fraud linked to the purchase of nonexistent VAT credits valued at over €4 million.
• Guardia di Finanza officers executed searches at 25 locations, including the club’s headquarters, across provinces from Milan to Taranto.
• Investigators allege that Gruppo Alfieri Spv used shell companies lacking real operations or authorization to manufacture and sell fictitious tax credits.
• Brescia Calcio received an eight-point deduction and was relegated to Serie C after applying the disputed credits to settle its payroll tax liabilities.
• Authorities have seized extensive financial records and indicate the probe may expand to implicate additional firms and individuals.