Officials publicly rejected the decision handed down by CAF’s Appeals Jury describing it as unjust and unacceptable.
Talay leaves the Sky Blues after nearly two and a half years in charge.
Manager Arne Slot confirmed that first-choice goalkeeper Alisson Becker will miss Brazil’s upcoming fixtures.
An alleged incident of racist abuse overshadowed the Tyne-Wear derby on Saturday at St James’ Park.
The acquisition would also see Juventus join a select group of European clubs that own all of their key operational assets.
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