Italian Serie A sides Juventus , Lazio , Fiorentina have been demoted to Serie B for there involvement in Italian match Fixing Scandal . AC Milan , one of the clubs under investigation will stay in Serie A but will be docked 15 points for the new season and will also be kicked out of the Champions league . All the clubs have also been kicked out of Europe .

The most serious sufferers are Juventus also known as the old lady who will be competing outside Serie A for the first time since its formation . To make matters worse , it will also be docked 30 points which will make it two seasons in the Serie B guranteed . To add insult to injury , they will also be stripped of there last two Serie A titles . The Club which has enjoyed vast success over the last few years , now faces one of the most shameful events in the clubs history .

The clubs have three days to appeal against the decision which i think they will all do but still there European journey is over as the italian Football Federation has to submit the list of European participants by 25 July . This will also throw the transfer market wide open as Juventus has got some World Class players and i dont see them playing in Serie B . There top stars include Buffon , Thuram , Pavel nedved , Ibrahimovic , Trezeguet etc. For the next few days expect the transfer market to be in full swing .

Now it will be interesting to see whether Juventus will be able to recover from this and regain the lost Glory ..