Juventus to sell Ronaldo?

in Sport · 03-04-2020 01:00:00 · 0 Comments
Juventus to sell Ronaldo?

Juventus could sell Cristiano Ronaldo to the English Premier League for just €70m in a desperate bid to cut costs as they face financial crisis due to the coronavirus pandemic.

He earns a staggering €570,000 per week, and over €30m per year which might be too high a cost for Juventus to sustain, according to Italian media.
There is huge concern about the long-term economic impact of the pandemic, and Italian newspaper Il Messagero reports that Juventus might not be able to afford to pay Ronaldo’s eye-watering contract even when football returns to normality.
Ronaldo has agreed to waive four months’ wages to help the club’s finances, as have his Juventus team-mates, along with manager Maurizio Sarri. They have agreed to a reduction in pay equal to the monthly payments of March, April, May and June, which is set to save the club around €90m.

Football clubs across the globe are being hit by a complete loss of match-day revenue with all fixtures cancelled until further notice, plus the looming threat of huge reductions in TV payments, should those fixtures never be played.
Ronaldo’s old rival Lionel Messi, along with his Barcelona team-mates, has agreed to a 70 percent reduction on his wages during the coronavirus crisis.
CR7 joined Juventus from Real Madrid in 2018 for around €110m, but now aged 35 his transfer value will have dropped and his fee would be around €70m according to the report. A new study by the CIES Football Observatory has suggested that transfer fees will drop by 28 per cent due to the financial impact on clubs of coronavirus, which could see Ronaldo’s value hit further.



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