Juventus had a 15-point penalty suspended 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 have been handed back the points pending the new trial.

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That is unlikely to conclude before the end of the season, and so any penalty would be for the following campaign.

Juventus moved 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. Defending champions AC Milan were dumped out of the top four and are two points ahead of Inter Milan.

The Milan teams meet in the Champions League semifinals next month.

Juventus were 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.

Paratici was handed a 30-month suspension that was extended worldwide by FIFA last month. Tottenham subsequently announced that he would step back from his director of football role with immediate effect pending the result of this appeal.

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 reopened 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.