Ronaldo to lose €9m with Juve given green light to cut wages by up to 30% (MD)

Cristiano Ronaldo stands to lose out on €9 million with Juventus set to be given the green light to cut player wages by up to 30 per cent.

Reports in Spain claim Serie A sides are on the bring of slashing player wages by between 20 and 30 per cent due to the coronavirus pandemic.

Should that happen, Ronaldo would lose around €9m in future wages, say Mundo Deportivo.

The Portuguese star, 35, boasts a net worth of around €390m, according to Forbes.

That tally is in no small part down to his monster €30m-a-year wages at Juventus – around €550,000 per week.

On top of that, Ronaldo has an €835million lifetime deal with Nike.

Ronaldo is comfortably the world’s most marketable player, earning more in endorsement deals than both Lionel Messi and Neymar.

But even still, the pay-cut will hit Ronaldo hard – as well as players across Italy.

Ever since Italy went into lockdown due to Covid-19, Ronaldo has sought refuge on his home island of Madeira.