Cristiano Ronaldo’s new soccer deal is causing waves around the world— and has caused a huge worker strike.
Ronaldo is leaving Real Madrid after nine years. The international soccer star signed a four-year, $140 million contract with Juventus, paid partially by Exor, Juventus’ parent company and the same company that owns Fiat. Juventus will pay for Ronaldo’s $117 million transfer fee, plus an extra $14 million for the right to sign Ronaldo. Fiat has also reportedly offered Ronaldo a brand ambassadorship.
Workers affiliated with Unione Sindacale Di Base were stunned by the news, stating, “It’s unacceptable that while FCA and CNHI workers continue to make huge economic sacrifices, the company then spends hundreds of millions of euros on the purchase of a player.”
Workers have been told the company is struggling and to “resort to social safety nets.” They plan to strike and walk out of a Fiat factory in Melfi on July 15. One Fiat worker told Italian newspaper Corrirer Della Sera every worker could earn an extra 200 euros every month with Ronaldo’s salary.
Ronaldo will be earning approximately $35 million a year, and, before the Juventus deal was official, its value shot from $780 million to $969 million.