[Warchant]

 
MILAN, Italy (AP) - Inter Milan owner and president Massimo Moratti and AC Milan vice president Adriano Galliani are reportedly being investigated for false bookkeeping.

The two are being investigated by Milan prosecutor Carlo Nocerino, Milan daily Corriere della Sera reported Wednesday.

Nocerino is looking at whether the teams overvalued player transactions by immediately recording capital gains but spreading out costs over a period of years.

The ANSA news agency said Wednesday that the investigation is almost finished.

The prosecutor could not be immediately reached Wednesday and his office declined comment on the report.

Both clubs declined to comment, but Corriere della Sera said that Milan had denied wrongdoing and Inter promised to present "technical arguments" to the investigation that will clear the club.

Prosecutors have previously investigated other club officials for false bookkeeping, including AS Roma and Lazio.

A massive scandal engulfed Italian soccer last year, resulting in Juventus' relegation to Serie B. Juve was also stripped of its last two Serie A titles, while Inter was awarded the 2005-06 Serie A title as the highest-ranked team not implicated in the scandal.

Milan was among four other clubs to start the season with points penalties.

Moratti was questioned in October amid allegations that his club requested the wiretaps that helped uncover the Italian match-fixing scandal. He denied the allegations.

Inter leads Serie A this season.