President of the Italian Football Federation calls Juventus' decision to take pay cut an "example for the whole system"
30 March 2020
Juventus over the weekend agreed to take a wage reduction saving the club €90 million until the end of the season.
The president of the Serie A says the coronavirus crisis opens up for revision of the current business model in football.
Juventus' decision to take a wage reduction saving the club €90 million until the end of the season is an "example for the whole system", according to the president of the Italian Football Federation, Gabriele Gravina.
The Italian champions over the weekend agreed to temporarily reduce the pay of their players and manager, following in the footsteps of a series of clubs which have implemented similar cost-cutting strategies in order to offset the economic fallout of the coronavirus situation.
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