Juventus’ 15-point penalty over transfer dealings has been reversed, with Italy’s highest sporting court ordering the case to be re-examined.
Juve were punished in January after being found guilty of false accounting.
The club have now moved from seventh to third in Serie A, but could still be punished at a later date when a new hearing is held.
Tottenham director of football Fabio Paratici lost his appeal against a 30-month ban as part of the same case.
The former Juve sporting director was one of 11 directors at the club, either former or still in place at the time of the ruling, who were sanctioned.
He stepped back from his role Spurs when his ban was increased to be worldwide, at the same time as the north London club began searching for a replacement for former manager Antonio Conte.
Like Paratici, former president Andrea Agnelli, ex-chief executive Maurizio Arrivabene and sports director Federico Cherubini had their appeals rejected.
Former player and director Pavel Nedved, Paolo Garimberti and Enrico Vellano were successful with their appeals.
Rather than the club being cleared, Juve’s case will now return to the Italian Football Federation appeals court, the body which gave the initial punishment.
With eight games to go in the season, AC Milan have been knocked out of the Champions League places by Juve while Roma drop to fourth.
Juventus chief football officer Francesco Calvo welcomed the decision, saying it provided certainty to theTurin club and the other sides battling to finish in the top four.
“As of today, we finally have certainty and we expect that the points that have been given back to us will remain with us forever,” he added.