"Juventus" closely monitors the volatile situation in Libya © EuroFootball.com

The President of Juventus, Andrea Agnelli, insists that there is no reason to worry about the 7.5 percent stake in the club owned by a Libyan state-owned investment company.

Currently, the North African country is embroiled in a power struggle between the country's leader Muammar Gaddafi and revolutionaries.

"We know what's going on there," Agnelli said. "If we receive news about frozen assets, we will take appropriate steps."

The Agnelli family controls 60 percent of the shares, while the Libyans have been controlling the second largest package since 2001.

"We are not worried. There's nothing we can do," added the Juventus leader.