Juventus players agree to take pay reduction in €90m cost cut | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

MILAN, March 29 — Juventus on Saturday announced that they had cut their players’ and coach Maurizio Sarri’s salaries after all Italian sport was suspended until at least April 3 due to the coronavirus pandemic. “The economic and financial effects of the understanding reached are positive...

Juventus' Aaron Ramsey celebrates scoring their first goal against Inter Milan at the Allianz Stadium in Turin March 9, 2020. — Reuters pic

“The economic and financial effects of the understanding reached are positive for about €90 million for the 2019/2020 financial year,” said a club statement.Italian champions Juventus, who led second-placed Lazio by a point in Serie A before the suspension of the season, said they had agreed a “reduction” for pay from March until June.

“Juventus would like to thank the players and the coach for their commitment at a difficult time for everyone,” the Turin giants said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Juventus players, coach Sarri agree pay cut due to coronavirus(Reuters) - Juventus players and coach Maurizio Sarri have reached an agreement over a wage reduction that will save the Italian champions 90 million euros in the 2019/2020 financial year, the Serie A club announced on Saturday.
Source: staronline - 🏆 4. / 75 Read more »

Juventus players, coach agree pay cut due to virusPay cut will save Italian champions a significant sum. FMTNews Covid19
Source: fmtoday - 🏆 5. / 72 Read more »

Tokyo Olympics: ‘Challenge’ to decide who covers cost of postponing Games, says Mori | Malay MailTOKYO, March 29 — Tokyo 2020 Olympics organising committee president Yoshiro Mori has told international federations that deciding who foots the bill for postponing the Games to 2021 will be a “major challenge”, Olympic news website insidethegames reported on Saturday. The International...
Source: malaymail - 🏆 1. / 86 Read more »

Eight West Ham players have virus symptoms says Brady | Malay MailLONDON, March 28 — West Ham have eight players in self-isolation after showing mild symptoms of the coronavirus, according to the club’s vice-chairwoman Karren Brady. The Hammers are the latest Premier League club to be hit by the pandemic. Arsenal manager Mikel Arteta, Chelsea winger Callum...
Source: malaymail - 🏆 1. / 86 Read more »

Fitch cuts UK’s rating on coronavirus debt surge | Malay MailLONDON, March 28 — Ratings agency Fitch cut Britain’s sovereign debt rating yesterday, saying the country’s debt levels would jump as the government ramped up its spending to offset the near shutdown of the economy in the face of coronavirus. Fitch downgraded the country by one notch to...
Source: malaymail - 🏆 1. / 86 Read more »

Fitch cuts UK’s rating on coronavirus debt surge | Malay MailLONDON, March 28 — Ratings agency Fitch cut Britain’s sovereign debt rating yesterday, saying the country’s debt levels would jump as the government ramped up its spending to offset the near shutdown of the economy in the face of coronavirus. Fitch downgraded the country by one notch to...
Source: malaymail - 🏆 1. / 86 Read more »