Cristiano Ronaldo’s ongoing legal battle with Juventus is making headlines around the world. The Portuguese icon is seeking to recover unpaid wages from his former club, and the financial implications of this dispute could have a major impact on the Serie A giants.
With Juventus already struggling financially due to their 15-point deduction, the potential outcome of Ronaldo’s lawsuit could be a game-changer for the Italian club.
Key Takeaways
– Cristiano Ronaldo is suing his former club Juventus for unpaid wages.
– The sum Ronaldo is seeking to collect is around £17.1m (€19.9m).
– Juventus has been facing financial difficulties over the past three years, with a 15-point deduction and a failure to qualify for the Champions League impacting their revenue.
– Ronaldo’s lawsuit comes after he signed a £175million-a-year contract with Saudi Arabian club Al-Nassr, triggering a mass exodus of players from Europe to the Middle East.
Ronaldo’s Agreement With Juventus
Ronaldo’s agreement with Juventus included a period of months where he went unpaid due to the coronavirus pandemic. The Portuguese superstar is now seeking to recover unpaid wages from the Serie A giants, amounting to around £17.1m (€19.9m).
Ronaldo requested documentation from the Turin Prosecutors Office, which he used to decide to take legal action. This comes at a time when Juventus is already facing financial difficulties, worsened by a 15-point deduction and the failure to qualify for the Champions League.
Ronaldo signed a four-year contract worth £25m a year after tax when he arrived in Turin, making him the highest earner at the club. His record £88million transfer from Real Madrid and the success he brought the club sparked a mass exodus of talent to the Middle East, including Neymar, Karim Benzema and N’Golo Kante.
Ronaldo’s deal remains the biggest in football history in terms of finances, and now he is refusing to put the past behind him by claiming what he is owed.
Financial Problems of Juventus
The financial problems of Juventus have been exacerbated by a 15-point deduction and their failure to qualify for the Champions League. This has seen the Serie A giants plunge to 10th in the table, resulting in significant losses in revenue.
These financial issues have been further compounded by the signing of Cristiano Ronaldo, who arrived in Turin for a record £88million in 2018. The four-year contract he signed was worth £25m a year after tax, making him the highest earner at the club.
This led to Juventus paying out a £2.5m settlement to Paulo Dybala and Ronaldo going months without being paid during the coronavirus pandemic. Ronaldo is now suing Juventus for £17.1m (€19.9m), which has only added to their financial woes.
Ronaldo’s Transfer and Contract
Cristiano Ronaldo’s transfer to Juventus in 2018 saw him sign a four-year contract worth £25m a year after tax, making him the highest earner at the club. His move from Real Madrid cost Juventus a record £88million.
The Portuguese superstar scored 430 goals in 438 appearances for the Spanish giants. The four-year contract he signed with the Italian club was worth an estimated £100million. This made him one of the highest paid athletes in the world.
It is no surprise that Ronaldo’s signing triggered a mass exodus of players from Europe to the Middle East, as Saudi Arabian club Al-Nassr offered him a £175million-a-year deal. Ronaldo’s record-breaking deal remains the biggest in football history in terms of finances.
Ronaldo’s Impact on Saudi Arabian Football
By signing a record-breaking £175million-a-year contract with Saudi Arabian club Al-Nassr, Ronaldo sparked a mass exodus of players from Europe to the Middle East, greatly impacting football in the region. Neymar, Karim Benzema, and N’Golo Kante are just some of the football stars who have taken up lucrative offers in the Arabian Gulf.
Ronaldo’s deal is still the biggest in football history in terms of finances. His signing has caused a stir in the football community, and has served as a reminder of the power of the individual in the modern game.
The Portuguese superstar has continued to make his presence felt in the footballing world, and his influence in the Middle East is undeniable. His move to Al-Nassr has had a lasting impact on the region’s footballing landscape.
[News Reference: Daily Express]
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