Juve players and their coaching staff are all set to have their wages cut following the outbreak of the coronavirus in Italy. The wages are worth around 90m euros (£80.7m) but there will be a renegotiation when the Serie A season is back to normal.
In a statement released on Saturday, Juventus announced the club will reduce the wages it will pay out to its employees including head coach Maurizio Sarri and Cristiano Ronaldo and other Juve players. The months which the cut is to affect are March, April, May and June.
Juve players and their coaching staff can only do the best they can to help savage this pandemic the world is facing currently. The S.p.A. of the Juventus Football Club announced that due to the current global health emergency is preventing the performance of the sporting activity. The club management have reached an agreement with the players and the coach of the First Team.
The statement also reads that “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 finalized, as required by the current regulations.
“The economic and financial effects of the understanding reached are positive for about EUR 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 finalization of official competitions.
