OFFICIAL: Juventus Players And Staff Agree To Take Pay Cut To Save The Club €90m

Juventus Football Club announces that, due to the current global health emergency is preventing the performance of the sporting activity, it has reached an understanding with the players and the coach of the First Team regarding their compensation for the residual portion of the current sport season.

OFFICIAL STATEMENT

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.

Should the
current season’s matches be rescheduled, the Club will negotiate in good
faith with the players and the coach conditional increases of
compensations according to the actual resumption and finalisation of
official competitions.

Juventus would like to thank the players and the coach for their commitment at a difficult time for everyone.

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