Juventus told to pay Ronaldo €10m plus but the club clarified the ruling

Juventus told to pay Ronaldo €10m plus but the club clarified the ruling

 

Juventus lost an arbitration case against their ex-star striker Cristiano Ronaldo, so they officially owe the Portuguese forward nearly €10m plus interest.

Portugal international Cristiano Ronaldo has won an arbitration case against his former club Juventus.

As reported by Sport Mediaset, an arbitration tribunal ruled on Wednesday that the Bianconeri now owe their former striker €9.7m plus interest.

Ronaldo had begun a legal battle with his former club over €19.5m in outstanding wages resulting from two salary maneuvres completed during the COVID-19 pandemic.

Juventus had made private agreements with Ronaldo and other footballers, postponing the payment of their salaries, but according to investigators, the club failed to inform the FIGC or report the maneuvres on their financial statements.

The arbitration tribunal, however, has ruled that Ronaldo and Juventus share responsibility, so the Bianconeri will pay only half of the outstanding €19.5m salary, plus interest.

Ronaldo left Juventus in 2021 after a three-year spell in Turin, during which he scored 101 goals in 134 matches.

Juventus clarified that the ‘Ronaldo Paper’ that emerged during investigations into the so-called salary manoeuvres was nonbinding and will review the arbitration board’s decision.

The Serie A giants released an official statement on Wednesday night after an arbitration court ruled the club had to pay their former striker Cristiano Ronaldo nearly €10m plus interest following the Portuguese’s legal action.