Juventus players and manager agree to forego wages for four months

Juventus players and manager agree to forego wages for four months

Juventus players have agreed to waive four months’ wages to help the club’s finances amid the coronavirus pandemic.

Cristiano Ronaldo and his team-mates, along with manager Maurizio Sarri, have agreed to a reduction in pay “equal to the monthly payments of March, April, May and June 2020”, the club said.

The agreement is set to be worth around €90 million to the reigning champions.

Football in Italy is suspended with the country in lockdown and it remains to be seen whether the Serie A season will be completed.

If the remaining games are rescheduled, Juventus said they would negotiate increases in pay for the squad.

The club said in a statement on Saturday they had “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”.

The statement added: “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 €90 million for the 2019-2020 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.”

The likes of Barcelona and Atletico Madrid in Spain have already announced plans for temporary wage cuts for their players.

    Useful information
  • The HSE have developed an information pack on how to protect yourself and others from coronavirus. Read it here
  • Anyone with symptoms of coronavirus who has been in close contact with a confirmed case in the last 14 days should isolate themselves from other people - this means going into a different, well-ventilated room alone, with a phone; phone their GP, or emergency department;
  • GPs Out of Hours services are not in a position to order testing for patients with normal cold and flu-like symptoms. HSELive is an information line and similarly not in a position to order testing for members of the public. The public is asked to reserve 112/999 for medical emergencies at all times.
  • ALONE has launched a national support line and additional supports for older people who have concerns or are facing difficulties relating to the outbreak of COVID-19 (Coronavirus) in Ireland. The support line will be open seven days a week, 8am-8pm, by calling 0818 222 024

More on this topic

Troy Deeney receives abuse after expressing his concerns over football’s returnTroy Deeney receives abuse after expressing his concerns over football’s return

Emily Maitlis to miss Newsnight after BBC criticises Cummings row coverageEmily Maitlis to miss Newsnight after BBC criticises Cummings row coverage

World Rugby rejects invitational tournament proposal to help struggling unionsWorld Rugby rejects invitational tournament proposal to help struggling unions

Holohan ‘little bit worried’ about rise in ICU admissionsHolohan ‘little bit worried’ about rise in ICU admissions