Juventus up to 3rd after 15-point penalty suspended

Juventus had a 15-point penalty suspended on Thursday, lifting the storied Italian team up to third in Serie A and right in the mix for a spot in next season's Champions League.

Following a three-hour hearing the previous day, the case has now been referred back to the soccer federation's appeals court and Juventus has been handed back the points pending the new trial.

That saw the Bianconeri move from seventh in the league to third, two points behind second-place Lazio and three ahead of fourth-place Roma in a tight battle for the Champions League qualifying places.

Juventus was hit with the massive penalty in January for false accounting while several members of its former board were also handed bans from soccer activities, including former president Andrea Agnelli.

Juventus denied wrongdoing and appealed to Italy's highest sports court within the Italian Olympic Committee, known as CONI.

Several of the suspensions were upheld including for Agnelli and Tottenham director Fabio Paratici. However, Pavel Nedvěd was one of six former board members to have their appeals accepted.

The Juventus board resigned en masse in November following an investigation by Turin public prosecutors into alleged false bookkeeping.

A sports trial in the case was then re-opened based on information from the Turin prosecutors, leading to the points deduction.

The preliminary hearing in a Turin court last month was postponed until May 10 for administrative reasons.

Juventus, Agnelli and 11 others face charges of false communications by a company listed publicly on the Milan stock exchange, obstructing watchdog agencies, false billing and market manipulation.

Reporting by The Associated Press