Italian Refusal to Freeze Libyan Assets Deepens Juventus FC’s Embarrassment

The Italian government has dashed Juventus FC’s hopes to escape further embarrassment over its association with embattled Libyan leader Col. Moammar Gadaffi and his family by deciding not to freeze Libyan assets in Italy.

The Italian decision was based on the fact that Libyan entities holding stakes in Italian companies, including Juventus FC, and Unicre…