Juventus should pay Portuguese star Cristiano Ronaldo 9.7 million euros ($10.4 million) in again wages for the 2020-21 season, the Italian courts introduced on Wednesday.
The Court of Arbitration, to which Ronaldo appealed, “orders Juventus Turin to pay the sum of 9,774,166.66 euros”, plus curiosity and procedural prices, it acknowledged in its determination.
The sum equates to the distinction between the wage truly obtained by Ronaldo and that which he ought to have obtained after tax and different deductions.
Ronaldo, who spent three seasons in Italy with Juventus (2018-21) earlier than becoming a member of Manchester United (2021-22) after which the Saudi membership Al Nassr, was claiming 19.5 million euros however the arbitration panel lowered that by 50 %.
Contacted by AFP, Juventus declined to remark, however mentioned it might be issuing a press release “shortly”.
According to the rankings drawn up by the American business journal Forbes, the five-time Ballon d’Or winner was the world’s highest-paid sportsman in 2023, with $136 million, together with $46 million in wages.
Juventus, who’re listed on the inventory change, recorded losses of 123.7 million euros within the 2022-23 monetary yr, which ran to the top of June, it introduced in October.
No provision has been made within the accounts of Italian soccer’s most profitable membership, at present third in Serie A, for the cost of this wages backlog.
Source: www.anews.com.tr