Share

Coronavirus | Juventus players agree to take pay reduction

Juventus on Saturday announced that they had cut their players' and coach Maurizio Sarri's salaries after all Italian sport was suspended until at least 3 April due to the coronavirus pandemic.

"The economic and financial effects of the understanding reached are positive for about €90 million for the 2019/2020 financial year," said a club statement.

Over 10 000 people have died from Covid-19 in Italy, more than in any other nation.

Italian champions Juventus, who led second-placed Lazio by a point in Serie A before the suspension of the season, said they had agreed a "reduction" for pay from March until June.

Juve added that should the season be finished later in the year, the players could be paid extra in those months.

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

Players at other big European clubs have also agreed to take pay cuts, including Bayern Munich and Borussia Dortmund in Germany.

Juventus' highly-paid stars include five-time Ballon d'Or winner Cristiano Ronaldo and Wales midfielder Aaron Ramsey, who joined from Arsenal on a free transfer last year.

Earlier this week, Italian sports minister Vincenzo Spadafora said he was "very, very doubtful" that Serie A action would return as previously hoped in early May.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Should the Proteas pick Faf du Plessis for the T20 World Cup in West Indies and the United States in June?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes! Faf still has a lot to give ...
50% - 8 votes
No! It's time to move on ...
50% - 8 votes
Vote
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE