Juventus ordered to pay Ronaldo €9.7m unpaid salaries

By Daily Sports Nigeria on April 18, 2024

Juventus must pay Portuguese star Cristiano Ronaldo 9.7 million euros ($10.4 million) in back wages for the 2020-21 season, the Italian courts announced on Wednesday.

The Court of Arbitration, to which Ronaldo appealed, “orders Juventus Turin to pay the sum of 9,774,166.66 euros”, plus interest and procedural costs, it stated in its decision.

The sum equates to the difference between the salary actually received by Ronaldo and that which he should have received after tax and other deductions.

Ronaldo, who spent three seasons in Italy with Juventus (2018-21) before joining Manchester United (2021-22) and then the Saudi club Al Nassr, was claiming 19.5 million euros but the arbitration panel reduced that by 50 per cent.

Contacted by AFP, Juventus declined to comment, but said it would be issuing a statement “shortly”.

According to the rankings drawn up by the American business magazine Forbes, the five-time Ballon d’Or winner was the world’s highest-paid sportsman in 2023, with $136 million, including $46 million in wages.

Juventus, who are listed on the stock exchange, recorded losses of 123.7 million euros in the 2022-23 financial year, which ran to the end of June, it announced in October.

No provision has been made in the accounts of Italian football’s most successful club, currently third in Serie A, for the payment of this wages backlog.

 

 

Source Punch Ng

Posted April 18, 2024


 

You may also like...
Publicity tour begins for Mayweather, McGregor clash

Ronaldo Will Only Stay With Juventus If Pirlo...

Dortmund Clinch Top Spot With Win At Zenit...

Yobo joins Kano Pillars

Kwara Ladies, Ubakala secure NWFL Pro-League tickets

Chukwuma explains Aiteo Cup ouster

 

Latest News CAF Award: Hedriel congratulates Lookman, says his award will inspire him to work harder Managers deserve 'more respect' - Postecoglou Man City's Dias ruled out for 'three or four weeks' I put him in retirement, Dubois mocks Joshua EPL: Man Utd’s Mount out for weeks as injury struggles persist Fury, Usyk talk tough ahead rematch Carragher urges Rashford to move on from Man United Fury and Usyk in astonishing 11-minute face-off Liverpool draw Tottenham in EFL Cup semi-finals LeBron James sets new NBA record in Lakers win Lookman’s market value hits €55m FIFA rankings: Eagles end 2024 in 44th place

 

Most Read Rangers International going, going . . . (55,207 views) Amaju Pinnick: A cat with nine lives (46,351 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (44,408 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (44,051 views) Sports Development: Zenith Bank on the zenith (43,988 views) Current issues in Nigerian sports: Matters arising (43,952 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (43,787 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (43,355 views) Olopade, BET9A wave of revolution in NNL (42,426 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (41,094 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (39,542 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (38,974 views)

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media