LEAGUES

Coronavirus: Cristiano Ronaldo and Juventus players agree temporary pay cut

6 months ago
Share

Juventus have reached an agreement with Cristiano Ronaldo and their other first-team stars for a pay cut while Serie A is suspended.

Maurizio Sarri and the Juventus first team, including Cristiano Ronaldo, have agreed to a temporary pay cut amid the coronavirus pandemic that will save the club around €90million.

Juve have not played since beating Serie A title rivals Inter behind closed doors on March 8.

Italy's top flight will not return until at least May 3, a date that could be pushed further back, with the nation recording the highest number of deaths at over 10,000 as a result of COVID-19.

Defending champions the Bianconeri have therefore moved to reduce players' wages.

Fellow Champions League giants Barcelona filed to make cuts after their squad reportedly refused an initial proposal, but Ronaldo and the rest of Juve's stars - plus head coach Sarri - were able to reach an agreement.

"[The club have] reached an understanding with the players and the coach of the first team regarding their compensation for the residual portion of the current sport season," a statement read.

"The understanding provides for the reduction of the compensation for an amount equal to the monthly payments of March, April, May and June 2020.

"In the coming weeks, personal agreements with the players and the coach will be finalised, as required by the current regulations.

"The economic and financial effects of the understanding reached are positive for about €90m for the 2019-20 financial year.

"Should the current season's matches be rescheduled, the club will negotiate in good faith with the players and the coach conditional increases of compensations according to the actual resumption and finalisation of official competitions.

"Juventus would like to thank the players and the coach for their commitment at a difficult time for everyone."

Related news

Coronavirus: Roma to dedicate next match to frontline medical staff

6 months ago

Rumour Has It: Pogba to Juventus, Dybala or Pjanic to Man Utd

6 months ago

Coronavirus: Dybala feeling 'much better' after suffering with COVID-19

6 months ago

Neymar v Lautaro Martinez: Who should Barcelona sign?

6 months ago

Rumour Has It: Chelsea want Bayern's Neuer, Man City boss Pep obsessed with Bonucci

6 months ago

Donnarumma focused on Milan amid transfer rumours

6 months ago

Coronavirus: Serie A returning on May 3 too optimistic – Spadafora

6 months ago

Coronavirus: Ronaldo criticised for 'taking pictures by the pool' during pandemic

6 months ago

Still waiting on 100: Cristiano Ronaldo's best Portugal goals

6 months ago

Next Generation – Ferran Torres to spark transfer frenzy after breakout season as contract expiry looms

6 months ago

Coronavirus: Athletes facing career-ending situation – World Players executive Schwab

6 months ago

Rumour Has It: Inter ready to accept players from Barcelona in Martinez deal, Real Madrid have seven priorities

6 months ago

Coronavirus: FIGC president Gravina hoping to resume Serie A in July or August

6 months ago

Monza: A Serie C club with Serie A mindset

6 months ago

Rumour Has It: Barca reach Martinez agreement, Man Utd 'optimistic' over Pogba

6 months ago

Coronavirus: Cannavaro doubts European football will resume before season's end

6 months ago

Coronavirus: Inter's Ashley Young shares COVID-19 advice from Milan

6 months ago

Coronavirus: Maldini expects to recover 'within a week'

6 months ago

Rumour Has It: Ronaldo wants Juve exit amid PSG & Man Utd links, Barca make Martinez offer

6 months ago