I'm sure there will be an appeal about this, but indeed with the current conditions I don't really expect it because it's just a waste of time because even if their appeal for the first one is successful but I don't think it can be saved for Juventus compared to this 2nd one.
Juventus won't like to play in the conference league, not after all that has happened. They might just decide to drop and appeal the case again. It's very unfortunate that these things are happening. It's creating a lot of uncertainties, not only for Juventus but for other Serie A teams.
The point reduction, if it stands, favors Milan. As horrible as they've been lately, they have gotten a chance to qualify for the champions league. I don't think their position is threatened by either Roma or Atalanta. Although Inter still have to play Juventus, I believe they'll still hold on to that 4th position, they've been given a lifeline and I don't think they'll waste it. Besides, Atalanta still has to play Inter Milan, while Roma has Fiorentina, plus they're more focused on the Europa league.
But in this case, what I see is if they do this again and if their possible appeal is readmitted will it trigger another bigger reaction from some big clubs? Because indeed this would be like nonsense with uncertainty that would seem to be considered a joke.
Juventus had previously been found guilty of increasing player transfer fees to increase their financial coffers and of course there had to be sanctions and consequences.
Even though this seems too cornering, but of course this is the result of the actions of their own superiors, isn't it.
In this case Lazio and Milan have a real advantage because indirectly they don't really need to compete strictly for a position in the top 4 at this time. But for Atalanta, Roma and Juventus there is a chance that they can still make it to the Europa League at this time if you really look at their positions and the point gap and the schedule of their remaining 2 matches.