Juventus to pay Ronaldo nearly €10M after arbitration case ruling comes in

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Juventus to pay Ronaldo nearly €10M after arbitration case ruling comes in

Juventus and Cristiano Ronaldo parted ways in the summer of 2021, but a lingering issue remained unresolved until recent developments shed light on the matter.

Reports from Italy reveal that an arbitration tribunal has mandated Juventus to compensate Ronaldo with close to €10 million, inclusive of interest, concerning deferred wages from the 2019-20 season. This obligation stems from the strategic measures adopted by Juventus and its players to defer four months' worth of salaries amid the onset of the COVID-19 pandemic, during which the season endured suspension and stadiums remained shuttered in Italy.

Initially seeking €19.5 million in owed wages, Ronaldo's legal team pursued the full sum they claimed was owed by Juventus. However, as per Tuttosport, the tribunal recognized contributory negligence between the involved parties.

Earlier reports hinted at Juventus' confidence in a favorable outcome, citing reasons such as the absence of a signed private agreement between the club and the player, rendering it inconsequential. Additionally, Ronaldo's subsequent transfer to Manchester United in August 2021, facilitated by a signed authorization, severed his financial ties with Juventus.

Despite Juventus' optimism and their decision, reportedly endorsed by legal counsel, to not allocate funds for potential liabilities, the tribunal's ruling diverged from their expectations. Consequently, Juventus is mandated to settle the outstanding amount, concluding the financial Juventus and Cristiano Ronaldo parted ways in the summer of 2021, but a lingering issue remained unresolved until recent developments shed light on the matter.

Reports from Italy reveal that an arbitration tribunal has mandated Juventus to compensate Ronaldo with close to €10 million, inclusive of interest, concerning deferred wages from the 2019-20 season. This obligation stems from the strategic measures adopted by Juventus and its players to defer four months' worth of salaries amid the onset of the COVID-19 pandemic, during which the season endured suspension and stadiums remained shuttered in Italy.

Initially seeking €19.5 million in owed wages, Ronaldo's legal team pursued the full sum they claimed was owed by Juventus. However, as per Tuttosport, the tribunal recognized contributory negligence between the involved parties.

Earlier reports hinted at Juventus' confidence in a favorable outcome, citing reasons such as the absence of a signed private agreement between the club and the player, rendering it inconsequential. Additionally, Ronaldo's subsequent transfer to Manchester United in August 2021, facilitated by a signed authorization, severed his financial ties with Juventus.

Despite Juventus' optimism and their decision, reportedly endorsed by legal counsel, to not allocate funds for potential liabilities, the tribunal's ruling diverged from their expectations. Consequently, Juventus is mandated to settle the outstanding amount, concluding the financial dispute post-Ronaldo's departure, a departure that notably deviated from the club's customary player wage structure. post-Ronaldo's departure, a departure that notably deviated from the club's customary player wage structure.