Published 18:19 IST, March 21st 2020

Cristiano Ronaldo set to lose staggering £8.4m as Juventus plan 30% wage cut: Report

Cristiano Ronaldo wage cut: Juve star to suffer a huge financial loss amounting to £8.4 million as the Turin-based club have decided to cut 30% of player wages.

Reported by: Minaam Ansari
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Juventus star Cristia Ronaldo is set to suffer a huge monetary loss after Juventus plan to cut its players’ ws up to 30%. Italy has become one of hotspots of coronavirus pandemic, killing thousands while also impacting lives of millions. virus has also brought a halt to ongoing Serie A campaign.

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Juventus w cut: Cristia Ronaldo w cut likely amid Serie A coronavirus situation

According to a report by Spanish publication Mundo Deportivo, all Serie A clubs have agreed to slash down ir w bill fearing coronavirus outbreak. This has been done keeping in view revenue losses that clubs have accrued or are likely to accrue due to suspension of league. Meanwhile, reports of Juventus w cut have emerged with Cristia Ronaldo likely to lose out on a staggering £8.4 million if suggestion is materialised.

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Juventus w cut: Cristia Ronaldo salary details amid Serie A coronavirus w-cut plans

Despite Juventus w cut plans, Cristia Ronaldo is reported to possess a net worth of £361 million as quoted by Forbes. five-time Ballon d’Or earns £30 million in yearly fees from Juventus, which rounds off to £510,000 a week. player also boasts off a highly lucrative £773-million life-time deal with sporting brand Nike.

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Italy coronavirus update: Juventus w cut on cards due to Serie A coronavirus situation

Italy has emerged as worst affected country from coronavirus outbreak in Europe. country has seen more than a thousand deaths at present. Initially, Serie A decided to play games behind closed doors. However, Italian Prime Minister Giuseppe Conte later anunced suspension of all sporting events including Serie A until April 3.

Italy coronavirus update: Cristia Ronaldo back in Meira

Fearing worsening coronavirus situation in Italy, Cristia Ronaldo was permitted to fly back to his hometown of Meira, Portugal. It is reported that Juventus superstar has bought an entire island in Pacific Ocean. He is undergoing self-quarantine along with rest of his family at his island-mansion.

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18:18 IST, March 21st 2020