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UPDATE 4-Soccer-Juve shares dive as official faces prosecutors

(Updates with Moggi questioning details, paragraphs 3-5)

By Simon Evans

ROME, May 15 - Prosecutors questioned the Juventus
official at the centre of Italy's match-fixing scandal on Monday
while the freshly-crowned Italian champions had trading in their
shares suspended after they slumped for the fourth straight day.

Luciano Moggi, who resigned as a general manager of Juventus
on Sunday, spent some seven hours facing questions from
prosecutors investigating the telephone taps that have rocked
Italian football.

A legal and a judicial source told Reuters Moggi had denied
he was part of a mafia-like structure of officials and referees
working together to fix matches.

In football "everyone looks after himself and there are no
real alliances," Moggi said, according to the sources present.

Moggi also stressed he was not the cause of Italian soccer's
ills because it was was "already a sick world," when he joined
it many years ago, the sources said.

"It was calm and without bitterness," Moggi's lawyer Fulvio
Gianaria said after the hearing. "There was a general discussion
for half of the time and then we examined individual incidents."

Prosecutor Filippo Beatrice told Reuters the questioning had
been "quite satisfactory," but there was "much more to do."

Moggi features heavily in the published telephone intercepts
that prompted prosecutors in Naples to place 41 people under
investigation, including referees as well as club and federation
officials.

In the taps Moggi discussed refereeing appointments with top
football federation officials and in one case bragged of locking
a referee in his changing room after a game.

The scandal, which overshadowed Juve's title win on Sunday,
has wiped about 62 million euros, or 23 percent, off of Juve's
market worth in the last week, putting the company's value today
at around 209 million euros.

Milan's bourse stepped in with measures to limit declines in
shares of Juventus after continuing headlines over the club
prompted a slump that triggered their suspension.

Juve's second successive title, the 29th in their history,
may be only provisional due to various legal probes.

If found guilty of involvement in match-fixing -- even
attempting to influence results -- Juve could be stripped of
their last two titles and demoted to Serie B.

Financial daily Il Sole 24 Ore has estimated Juventus could
lose 120 million euros in television and sponsorship income if
forced out of the top league.

Juve's entire board resigned last week following the
publication of the intercepts.

AC Milan, owned by outgoing Prime Minister Silvio
Berlusconi, Rome club Lazio and Fiorentina, owned by Diego Della
Valle, head of luxury shoe maker Tod's, are the three other
clubs linked to the investigation.

"GREAT IMPRESSION"

The affair also overshadowed the announcement of Italy's
World Cup squad, but coach Marcello Lippi said he was sure the
national side would not be affected by the investigations.

"Italy will give a great impression of itself at the World
Cup from a technical and moral point of view," former Juventus
coach Lippi told a news conference.

As well as dealing with the fallout from an affair which
could affect a number of his players, Lippi had to answer
questions about the involvement of one of his players in an
inquiry into gambling.

Juve goalkeeper Gianluigi Buffon was included in the World
Cup squad despite his link to a Parma investigation into
gambling.

Buffon was questioned on Saturday over alleged betting
improprieties after he voluntarily presented himself to Turin
magistrates. He has denied any wrongdoing.

On Tuesday, the Italian Olympic Committee will decide
whether to appoint an emergency administrator to run the
football federation until a new leadership is elected.

Former AC Milan and Italy player Gianni Rivera, now a
centre-left politician, has emerged as an early favourite for
the post.

(additional reporting by Laura Viggiano)

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