Covid-19: Juventus FC reduces first team wages by €90m due to the pandemic

"Juventus FC (Serie A TIM) announces that, due to the current global health emergency preventing the performance of the sporting activity, it has reached an understanding with the players and the coach of the first team (Maurizio Sarri) regarding their compensation for the residual portion of the current sport season," said the club on 28/03/2020. Wage reductions thus relate to the months of March, April, May and June 2020.

"The economic and financial effects of the understanding reached are positive for about €90m for the 2019-20 financial year," added the Turin (ITA) club, which stated that in the event of rescheduling matches from the current season, "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."

All sports competitions have been officially suspended since 10/03/2020 in Italy, the worst affected country in the world by the Coronavirus (Covid-19) pandemic with over 10,770 deaths as of 30/03/2020.

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