Italian giants Juventus have released a statement after being ordered to pay their former player, Cristiano Ronaldo his unpaid wages.
The Court of Arbitration for Sport, CAS, ordered the Serie A giants to pay Cristiano Ronaldo his unpaid wages.
The court gave the verdict following a dispute arising from pay reductions during the COVID-19 pandemic.
Ronaldo, who now laces his boots for Saudi Super League side, Al-Nassr, told the court he was owed €19.5 million ($20.81 million) by the Turin giants in unpaid wages.
The Court ruling will see Juventus pay Ronaldo around half that amount, with a €9.8 million settlement reached.
The Italian giants quickly moved to make a statement after the ruling, stating, “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.”
Juventus have also hinted at their desire to contest the ruling in their statement, saying:
“The Company, also with the support of its legal counsel, is reviewing the decision made by the arbitration board, reserving all assessments and initiatives to preserve its rights.”