Juventus have confirmed they will review the arbitration board’s decision on the ‘Ronaldo Paper’ after they were ordered to pay the Portuguese star €10 million. The ruling was confirmed yesterday, with the court ruling that the Bianconeri have to pay CR7 €10 million plus interest, rather than the €19.5 million the Portuguese star was claiming in alleged unpaid salary.
Juventus have now released a statement regarding the verdict, stating:
“The arbitration board… ascertained the validity of (Ronaldo’s) compensation reduction agreement in relation to the 2020/21 sporting season,” Juventus said in a statement sent to Reuters. 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,” Juve said.
“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.”
