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Savings of 90 million: Juventus massively cuts players’ salaries

There are drastic financial cuts, but they will probably be able to cope with them: Due to massive loss of income due to the corona shutdown, Juventus Torino players and coaches have to forego four monthly salaries.

Italy’s football record champions Juventus Turin around superstar Cristiano Ronaldo has agreed on drastic financial cuts due to the corona pandemic and the massive loss of revenue with players and coaches. An agreement was reached to reduce the salary to an extent corresponding to the salaries for March, April, May and June, the club said. This also affects coach Maurizio Sarri and amounts to a saving of 90 million euros.

If the games of the current season are rescheduled, the club will agree on increases depending on the situation. “Juventus would like to thank all players and the coach for their sense of responsibility in a difficult time,” it said.

Detailed agreements with each individual should be made in the coming weeks. In the end, Serie A had thought about a 30 percent cut in the wages of all professionals if play operations were not to resume. No decision has yet been taken in this regard.

Italy is the country most affected by the pandemic in Europe so far. Over 90,000 people have now become infected, and over 10,000 have died. At Juventus, Italian Daniele Rugani, French world champion Blaise Matuidi and Argentinian Paulo Dybala had tested positive.

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