March 28, 2020
Juventus players and coach Maurizio Sarri have reached an agreement over a wage reduction that will save the Italian champions €90 million in the 2019-2020 financial year, the Serie A club announced on Saturday.
Sarri and the players have agreed to what amounts to a four-month pay cut to help the Italian champions during the coronavirus crisis.
The agreement comes at a time when leading clubs around Europe have had to slash wage bills because of the dramatic impact of matches having to be postponed or played behind closed doors due to the spread of the virus.
“The economic and financial effects of the understanding reached are positive for about €90m ($100.26m) for the 2019-2020 financial year,” Juventus said in a statement on Saturday.