Juventus Forced To Sell Cristiano Ronaldo To Premier League For Just £63m Over Coronavirus

Juventus may have to offload Cristiano Ronaldo due to the devastating impact on their finances from the coronavirus crisis.

According to Italian newspaper Il Messagero, Juventus might not be able to afford to pay Ronaldo's eye-watering contract even when football returns to normality.

Though Ronaldo has agreed to waive four months' wages to help the club's finances, his enormous £500,000-a-week wages – his contract is worth over £27m per year – could prove too much for Juventus to sustain even when revenue streams return.

Football clubs across the globe are being hit by a complete loss of matchday revenue with all fixtures cancelled until further notice, plus the looming threat of huge reductions in TV payments, should those fixtures never be played.

Ronaldo joined Juventus from Real Madrid in 2018 for £100m, but now aged 35 his transfer value will have dropped. Ronaldo's fee would be around £60-£65m, according to the report.

SEE ALSO | ‘Cristiano Ronaldo Great, But I’m The Greatest’ – Pele Boasts

A new study by the CIES Football Observatory has suggested however that transfer fees will drop by 28 per cent due to the financial impact on clubs of coronavirus, which could see Ronaldo's value drop further.

This article was most recently revised and updated 3 years ago

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