Juventus must pay Ronaldo €9.7 million in overdue wages

Apr 19, 2024 | Sports

Juventus has been ordered by the Italian courts to pay Cristiano Ronaldo €9.7 million ($10.4 million) in unpaid wages for the 2020-21 season, as announced on Wednesday.

The Court of Arbitration, to which Ronaldo appealed, has decreed that “Juventus Turin must pay the sum of €9,774,166.66”, along with interest and procedural expenses.

This amount represents the discrepancy between Ronaldo’s actual salary and what he was entitled to after tax and other deductions.

Ronaldo, who spent three seasons at Juventus (2018-21) before moving to Manchester United (2021-22) and subsequently joining the Saudi club Al Nassr, had initially claimed €19.5 million. Still, the arbitration panel reduced it by 50 percent.

When contacted by AFP, Juventus refrained from commenting, stating that they would issue a statement “shortly.”

According to Forbes, the five-time Ballon d’Or winner was the world’s highest-paid sportsman in 2023, earning $136 million, of which $46 million came from wages.

Juventus, a publicly traded company, reported losses of €123.7 million for the 2022-23 financial year, which ended in June, as announced in October.

The club, currently ranked third in Serie A, has yet to allocate any funds in its financial statements to cover these outstanding wages.

In unrelated news, Jamie Carragher criticized Jackson and Madueke for their actions during a game, labeling them as “daft” and questioning their behavior in the aftermath of a 6-0 victory. Additionally, Paris Saint-Germain coach Mauricio Pochettino expressed disappointment over the incident, stating that such behavior would not be tolerated in the future. He emphasized the importance of collective thinking and team unity, highlighting the need for players to adhere to designated roles and responsibilities.

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