Kosport Magazine: Juventus Ordered to Pay Cristiano Ronaldo $10m in Wages Dispute
It’s no secret that the COVID-19 pandemic has had a major impact on the sports world, and it seems that even the biggest names in the game are not immune to its effects. In a recent ruling, an arbitration court has ordered Italian club Juventus to pay former striker Cristiano Ronaldo around €10 million in owed wages.
The news has caused quite a stir in the football community, with many questioning the decision and its implications for the club. But before we dive into the details, let’s take a closer look at the situation at hand.
Ronaldo, who now plays for Saudi side Al Nassr, had claimed that he was owed around €19.5 million in outstanding wages by Juventus. This amount was related to a pay cut that was agreed upon during the pandemic, as the club looked to mitigate the financial impact of the crisis.
However, the arbitration tribunal ruled that Juventus only had to pay half of the requested amount, stating that they had partially granted Ronaldo’s request and ascertained the club’s pre-contractual liability. This means that the club is now required to pay around €9.8 million to the 39-year-old Portuguese striker.
While this may seem like a significant sum, it’s worth noting that Ronaldo joined Juventus in 2018 and helped them to two consecutive Serie A titles, an Italian Cup, and two Super Cups before leaving for Manchester United in 2021. So, it’s safe to say that he has certainly earned his keep during his time with the club.
But what does this ruling mean for Juventus and their financial situation? The club has stated that they are reviewing the decision and are considering their options to preserve their rights. This could potentially lead to a lengthy legal battle, which could have further implications for the club’s finances.
It’s also worth mentioning that this is not the first time that Juventus has found themselves in hot water over financial matters. In 2019, they were fined and had their transfer budget reduced for failing to comply with Financial Fair Play regulations.
So, what’s next for Juventus and Ronaldo? Only time will tell. But one thing is for sure, this ruling has once again put the spotlight on the financial struggles that many clubs are facing in the wake of the pandemic.
Kosport Magazine: Summary
In a recent ruling, an arbitration court has ordered Italian club Juventus to pay former striker Cristiano Ronaldo around €10 million in owed wages. This decision has caused quite a stir in the football community, with many questioning its implications for the club. While Juventus is reviewing the decision, it’s clear that the pandemic’s financial impact on sports is far from over.
