Football: Juventus players, coach agree pay cut due to coronavirus

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Juventus players and coach Maurizio Sarri have reached an agreement over a wage reduction that will save the Italian champions 90 million euros , the Serie A club announced on Saturday.

Sarri and the first-team players have agreed what amounts to a four-month pay reduction to help Italy's most successful club during the coronavirus crisis.

"The economic and financial effects of the understanding reached are positive for about 90 million euros for the 2019/2020 financial year", Juventus said in a statement. Soccer around the world has been brought to a standstill by the pandemic with Italy having suffered more than 10,000 deaths from the virus, the highest number in any country.

"In the coming weeks, personal agreements with the players and the coach will be finalised, as required by the current regulations. Long-standing defender Giorgio Chiellini led the players' negotiations amid reports in the Italian media that Ronaldo had agreed to sacrifice 3.8 million euros of his yearly wage to ease the financial burden on the club while Italy is in lockdown.

 

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