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Fiat to sponsor Cristiano Ronaldo move to Juventus

 

According to Reports emerging in Italy, Cristiano Ronaldo is close to making a switch to Serie A giants Juventus, with Fiat set to become a sponsor to ease the burden on his wages.

There was reportedly a meeting between Real Madrid and his agent Jorge Mendes last night in which the aim was to try and resolve the situation, with the Portuguese superstar heavily linked with a shock move to Turin.

Now Record is claiming that it’s only a matter of hours before the Bianconeri will officially launch a €100m offer to sign the Real Madrid superstar (which would most probably be accepted).

According to Record, FIAT will help by signing a super sponsorship deal with Ronaldo, which will help pay his €30m per season wages.

Juventus, will not be able to pay that themselves without the risk of falling foul of Financial Fair Play, as it’s more than three times what current top earner at the club Gonzalo Higuain earns.

However, if holding company Exor were to use a FIAT sponsorship to ensure that Ronaldo’s salary reaches €30m, without putting the entire burden on the club, then they could circumvent FFP.

It was previously reported that Adidas would be the ones to sponsor the move, but that was never going to happen as Ronaldo has a ‘lifetime’ contract with Nike.

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