Juventus players agree to 4-month pay freeze amid pandemic

Vincenzo PINTO / AFP

Juventus manager Maurizio Sarri and his players have agreed for a pay freeze to save the club roughly €90 million (AED 370m) during the coronavirus pandemic.

"Juventus Football Club S.p.A. 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," a statement on their official website read.

"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."

It comes as all sporting events in Italy stands suspended until at least April 3.

More from Sports

  • Mateta fires Crystal Palace to Conference League crown

    Crystal Palace claimed their first European trophy on Wednesday as Jean-Philippe Mateta’s second-half goal secured a 1-0 victory over Rayo Vallecano in the final of the Conference League, the perfect farewell for manager Oliver Glasner.

  • Swiatek, Djokovic make steady progress as Rybakina slips up

    Iga Swiatek stayed cool in sweltering conditions while Novak Djokovic was given a stern test before reaching the third round of the French Open, but world number two Elena Rybakina was unable to avoid an early exit on Wednesday.

  • Teen Sooryavanshi's rapid 97 keeps Rajasthan in IPL title hunt

    Teenage sensation Vaibhav Sooryavanshi's remarkable 97 guided Rajasthan Royals to a 47-run win over Sunrisers Hyderabad in the Indian Premier League eliminator on Wednesday, keeping their hopes of reaching the final alive.

  • Sinner eases into French Open second round

    World number one Jannik Sinner started his campaign for a maiden French Open title in merciless fashion, beating Frenchman Clement Tabur 6-1 6-3 6-4 to reach the second round on Tuesday.

  • Bengaluru secure IPL final berth after win over Gujarat

    Royal Challengers Bengaluru stormed into the Indian Premier League (IPL) final with a commanding 92-run win over Gujarat Titans in qualifier one, powered by captain Rajat Patidar's unbeaten 93 that moved the defending champions closer to a second successive title.