Juventus review ruling as club ordered to pay Ronaldo 9.8 mln euros [Reuters]
Manchester United Ltd. Class A Ordinary Shares (MANU)
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Source: Reuters
April 17 (Reuters) - Juventus are reviewing a decision made by an arbitration court which ordered the club to pay former striker Cristiano Ronaldo around 9.8 million euros in owed wages, the Serie A side said on Wednesday. The Portuguese, who now plays for Saudi side Al-Nassr, had claimed he was owed around 19.5 million euros ($20.81 million) of outstanding wages by his former club relating to a paycut agreed during the COVID-19 pandemic. "The arbitration board... ascertained the validity of (Ronaldo's) compensation reduction agreement in relation to the 2020/21 sporting season," Juventus said in a statement sent to Reuters. The arbitration tribunal ruled Juve had to pay half of the sum requested by the 39-year-old Portugal striker. "They partially granted the request made by (Ronaldo)..., ascertaining Juventus' pre-contractual liability resulting from the failure of negotiations and ordered the defendant to pay an amount of approximately Euro 9.8 million," Juve said. "The
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MANU
News
- Manchester United's interim CEO, CFO to step down [Reuters]Reuters
- Manchester United plc Announces Further Management Changes [Yahoo! Finance]Yahoo! Finance
- Manchester United plc Announces Further Management ChangesBusiness Wire
- 25 Richest Billionaires in Sports Industry [Yahoo! Finance]Yahoo! Finance
- Three Players Manchester United Should Look At For A Summer Transfer [Forbes]Forbes
MANU
Earnings
- 3/12/24 - Beat
MANU
Sec Filings
- 4/30/24 - Form 6-K
- 3/13/24 - Form 6-K
- 3/12/24 - Form 6-K
- MANU's page on the SEC website