Juventus ‘still owe’ Cristiano Ronaldo €20M despite joining United in 2021

tennis player

According to the Italian source La Gazzetta dello Sport, Juventus still owe Cristiano Ronaldo €20M despite leaving to join Manchester United in 2021. The source has claimed, an agreement was signed under which Juventus is liable to pay Ronaldo bonuses of around €20M.

Like other players, Cristiano also agreed to take a pay cut during the COVID pandemic outbreak to help the club. He would have received the money even if he had left. However, this does not appear to have happened because the agreement is said to have been unreported to the exchange. Ronaldo has now consulted lawyers to review the club’s finances before submitting his application.

Juventus ‘still owe’ Cristiano Ronaldo €20M despite leaving to join Manchester United

The same Italian source also claimed that the amount Ronaldo asked for was made under an agreement that was not made public. In fact, the deal has neither been reported in the stock market nor in the club’s balance sheet.

Juventus sporting director Federico Cherubini reportedly told former President Andrea Agnelli about the funds before returning to United:

“€19 million from the previous year and €9 million from a year earlier, so €28 million before taxes due to COVID.”

Nevertheless, the club’s lawyer, Cesare Gabasio, told Cherubini that ‘he does not remember the exact terms of the agreement, with Juventus having paid part of it, but €19.9 million are still outstanding.

‘The Old Lady’ board resigned dramatically

Ronaldo’s demand comes a week after the entire Juventus board resigned. President Andrea Agnelli, vice president Pavel Nedved, and general manager Maurizio Arrivabene were among the many high-ranking Juve board members who resigned.

It seems that the mass resignations are in relation to the board’s involvement in the Prisma investigation. The Turin prosecutor is investigating this matter. The investigation reportedly involves 15 different people at Juventus and relates to alleged accounting fraud and market manipulation. Last month, Juventus denied any wrongdoing after the allegations surfaced following an audit of the club’s financial statements.

UEFA has also launched an investigation into alleged breaches of club licensing and financial fair play rules.

Meanwhile, Ronaldo is preparing to sign for a new club after leaving United last month. Cristiano is about to move to the Saudi Arabian club Al Nassr as per recent reports. The Saudi Arabian side is so excited about this move. Their fans expressed their joy through different platforms.
The country’s sports minister Prince Abdulaziz bin Turki Al-Faisal previously told Sky News that he would welcome Ronaldo’s arrival in the domestic league. However, Cristiano has said publicly that he will decide his future after the World Cup. He has not agreed with any club so far.

Follow us on Twitter, for more updates.

For more sports updates, make sure to follow us on:



To Top
error: Content is protected !!