The fine will be paid in three annual instalments and will be given to the youth sectors of Italian football.

"It's not an admission of guilt, but an act of generosity," said Franzo Grande Stevens, Juventus' legal advisor after the settlement.

The second round of investigations took place following allegations that a secret system of communication had been set up after Juve general manager Luciano Moggi provided match officials with foreign mobile SIM cards.

Evidence only came to light after the first sentence, which saw Juventus relegated to Serie B and Moggi banned from football for five years for his part in trying to corrupt referees.

The fine finally draws the curtain over the darkest period in the Bianconeri's illustrious history.

Moggi could face further action, as could former Messina director Mariano Fabiani and match officials Tiziano Pieri, Salvatore Racalbuto, Stefano Cassara, Antonio Dattilo, Paolo Bertini, Marco Gabriele, Massimo De Santis and Marcello Ambrosino.

Messina have been fined 60,000 euros, while club president Pietro Franza and another former director Mario Bonsignore have been handed six-month bans.

Referee Romeo Paparesta has been banned for 20 months.

However, FIGC have decided that Gianluca Paparesta, who has already served a lengthy suspension, will only receive an additional two-month ban.