News
Italian courts order Juventus to pay Ronaldo €9.7m in back wages
Juventus must pay Portuguese star Cristiano Ronaldo 9.7 million euros ($10.4 million) in back wages for the 2020-21 season, the Italian courts announced on Wednesday.
The Court of Arbitration, to which Ronaldo appealed, “orders Juventus Turin to pay the sum of 9,774,166.66 euros”, plus interest and procedural costs, it stated in its decision.
The sum equates to the difference between the salary actually received by Ronaldo and that which he should have received after tax and other deductions.
Ronaldo, who spent three seasons in Italy with Juventus (2018-21) before joining Manchester United (2021-22) and then the Saudi club Al Nassr, was claiming 19.5 million euros but the arbitration panel reduced that by 50 percent.
Contacted by AFP, Juventus declined to comment, but said it would be issuing a statement “shortly”.
According to the rankings drawn up by the American business magazine Forbes, the five-time Ballon d’Or winner was the world’s highest-paid sportsman in 2023, with $136 million, including $46 million in wages.
Juventus, who are listed on the stock exchange, recorded losses of 123.7 million euros in the 2022-23 financial year, which ran to the end of June, it announced in October.
No provision has been made in the accounts of Italian football’s most successful club, currently third in Serie A, for the payment of this wages backlog.
-
LaLiga2 days agoKylian Mbappe Breaks Silence On Xabi Alonso’s Real Madrid Exit With Emotional Tribute
-
Premier League2 days ago“I Let Everybody Down” – Manchester United Wonderkid Shea Lacey Issues Apology After Red Card Against Brighton
-
LaLiga2 days agoLaporta Takes Swipe At Mbappe After Supercopa Snub: El Clasico Drama Off The Pitch
-
AFCON 20252 days agoCAF Launches Formal Investigation Into Alleged Misconduct During AFCON 2025 Quarter-Finals
-
LaLiga2 days agoRevealed: Endrick Could Return To Real Madrid This Month As Alonso Exit Changes Everything
-
LaLiga2 days ago“I Hope Not!” – Marcus Rashford Opens Up On First Barcelona Trophy Amid Man United Return Talk
-
AFCON 20251 day agoCAF Appoints Ghanaian Referee Daniel Laryea And South African Officials For AFCON 2025 Semi-Final Between Nigeria And Morocco
-
LaLiga2 days agoRevealed: Real Madrid’s Stance On Xabi Alonso’s Future As Manager After Supercopa Clasico Defeat