Juventus Players Agree Pay-Cut Due to Coronavirus Crisis
Serie A side Juventus have agreed to an overall wage reduction worth in excess of $90m as the Italian side looks to cut costs in light of the coronavirus pandemic, which has brought a halt to sporting events across the world.
The likes of Cristiano Ronaldo, Paulo Dybala and coach Maurizio Sarri have agreed to what amounts to a four-month pay cut and follows a number of other leagues around the globe who are looking to make a statement of intent.
Juventus, who play in the northern city of Turin, is in one of the regions hardest hit by the virus, with in excess of 10,000 Italians having died from coronavirus related deaths thus far.
The Serie A season was halted on March 9th and it’s looking increasingly likely that the campaign will not be completed, which will lead to one of three potential scenarios.
Firstly there could be a decision taken that the current season will run just as soon as the crisis is abated and the following year would start soon after, without the need for a long mid-season break. A second option is that the remaining games are completed in a speedy fashion ahead of the 2020/21 season or a final option where the 2019/20 is declared null and void, with no promotions or relegations, titles or other end of season finalities.
Juventus currently sit top of the Serie A table and looked set to win their ninth straight title, though they were being pushed to the wire by both Lazio and Inter Milan.