Italy may score an own goal with its reliance on Libyan money
By James M. Dorsey The National , Feb 27, 2011 Italy's most popular football club, Juventus, is facing a dilemma as it prepares to discuss tomorrow the brutal clampdown by the Libyan leader Muammar Qaddafi, its second-largest shareholder. It is a quandary that is also affecting a host of high-profile Italian companies, including UniCredit, Italy's largest bank, and the car maker Fiat in which Col Qaddafi's investment vehicles hold stakes. For Juventus, however, the dilemma is particularly acute. The club's failure to win a trophy since it was stripped of its 2005 and 2006 Italian titles as the result of a corruption scandal makes it especially vulnerable to criticism from its fans. Amid mounting revulsion, Juventus is finding it increasingly difficult to explain its cosy relationship with the Libyan leader and his sons. Juventus is likely to be forced to confront the issue publicly after tomorrow's board meeting that will discuss the Libyan crisis alongsid...