Fabio Paratici resigns as Tottenham managing director

1233270469.0

Fabio Paratici

Fabio Paratici, Tottenham Hotspur’s managing director of football, has resigned with immediate effect.

The move comes after the 50-year-old lost his appeal against a 30-month ban from Italian football, which FIFA extended “to have worldwide effect.”

Paratici was banned after Juventus, where he was sporting director and managing director prior to joining Spurs, was found guilty of false accounting.

Juventus’ 15-point penalty was overturned, and the case will be reviewed again. However, Paratici’s appeal against his ban, which he received in January, was denied.

A Spurs statement said: “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.

Related News

“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 (Italian Football Federation) and Fifa rulings.”

Tottenham chairman Daniel Levy said, “This has been a stressful time for Fabio and his family. We wanted to ensure that we allowed 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.”

Load more