Sports

Juve players agree to 4-month salary cut to ease financial pressure amid coronavirus outbreak

Italy remain one of the hardest-hit countries.
Football clubs face huge financial losses as the season has stopped.
Juventus players unite to help their club.
The move could save Juventus around £80.7m.
Italy were among the first countries to suspend football shortly after the coronavirus outbreak. Now, though, Serie A teams will have to struggle to find an adequate solution to the nascent crisis.
The football players have united to agree to 4-month salary cuts, Juve’s official website report.

They have released an official statement which reads as follows: “The understanding provides for the reduction of the compensation for an amount equal to the monthly payments of March, April, May and June 2020.
“In the coming weeks, personal agreements with the players and the coach will be finalised, as required by the current regulations.
“The economic and financial effects of the understanding reached are positive for about EUR 90 million for the 2019/2020 financial year.”
Italy remain one of the hardest-hit countries. There have been over 90,000 confirmed cases as death tolls have passed 10,000.
Source: Juventus FC

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