Published 18:29 IST, April 28th 2020

Cristiano Ronaldo waives money entitled from underwear manufacturers amidst COVID-19

Juventus forward Cristiano Ronaldo has waived off his entitled money until 2021 from Danish company JBS who manufacture CR7 clothing line, amidst the pandemic.

Reported by: Sreehari Menon
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coronavirus pandemic has caused chaos across globe with many countries forced into lockdown to contain spre of dely virus. With all sporting leagues and tournaments also suspended, several sporting icons have stepped forward and helped out in tough times. Juventus forward Cristia Ronaldo showcased his charitable side amidst coronavirus pandemic by helping out a Danish underwear company that manufactures CR7 underwear and CR7 pants.

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CR7 underwear: Cristia Ronaldo waives off entitled money from Danish company manufacturing CR7 pants

Amongst Cristia Ronaldo endorsements, Juventus forward regularly models for his clothing line and is considered to be one of his most lucrative sources of income. Ronaldo waived off money entitled to him from Danish company JBS and furr helped CR7 underwear manufacturers by agreeing to t take any revenue until 2021. CR7 underwear and CR7 pants range accounts for 14% of JBS' revenue according to Sun. JBS CEO Michael Alstrup, speaking to Finans, revealed that Cristia Ronaldo and his team waived off all payments amidst coronavirus pandemic and expressed his gratitude in being in collaboration with five-time Ballon d'Or winner.

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Cristia Ronaldo has continued to contribute towards fight against coronavirus pandemic. Juventus superstar, along with his nt Jorge Mendes, bankrolled 200,000 gowns and three ventilators for Sao Jao medical institution in Porto.  duo also donated funds to rth Lisbon's University Hospital Centre (CHULN) with two intensive care wings that each have capacity to d an extra 20 beds.  Cristia Ronaldo-funded units will be equipped with essential equipment in care of critically ill patients with coronavirus.

Cristia Ronaldo endorsements: CR7 underwear and CR7 pants sales have dropped since Portuguese legend's transfer to Juventus

Michael Alstrup spoke about privilege of being associated with Cristi Ronaldo and being part of his closet. JBS CEO furr ded that former Real Mrid man's team calls m a part of ir family. Alstrup furr ded that sales of CR7 underwear have declined after Cristia Ronaldo move to Juventus. 2016 Euros champion completed a shock transfer to Italy in 2018, signing for Serie A giants Juventus for a reported €100 million fee.

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18:29 IST, April 28th 2020