Cristiano Ronaldo set to become first ever football billionaire amid coronavirus pandemic

Cristiano Ronaldo set to become first ever football billionaire amid coronavirus pandemic

- Cristiano Ronaldo is on the verge of becoming the first ever football billionaire

- The 35-year-old is the second most-paid player after Lionel Messi so far in 2020

- CR7 confirmed he will take pay cut from Juventus to help Juve manoeuvre during this COVID-19 pandemic

Juventus superstar Cristiano Ronaldo is unarguably one of the most paid footballers in the world according to report by Give Me Sport in February 2020.

The Portugal international earns a staggering €4.5 million gross per month - only Lionel Messi makes more money than the 35-year-old.

He is on the verge of becoming the first football star to become a billionaire due to his earnings both on and off the pitch.

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However, the deadly coronavirus pandemic currently ravaging the world has forced the 35-year-old along with his teammates to take a pay cut.

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The Old Lady announced that they have reached an agreement with their players over reduction in their pay until COVID-19 is taken care of.

Juve's statement read: "It has reached an understanding with the players and the coach of the First Team regarding their compensation for the residual portion of the current sport season.

"The understanding provides for the reduction of the compensation for an amount equal to the monthly payments of March, April, May and June 2020.

"In the coming weeks, personal agreements with the players and the coach will be finalised, as required by the current regulations.”

This development is not expected to slow the former Real Madrid star down owing to the growth in his personal wealth.

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Ronaldo’s on and off-field earnings will soon see him join sport’s exclusive billionaire club - currently featuring only boxer Floyd Mayweather and Tiger Woods.

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Business Insider reports that the Portuguese star made £39 million via Instagram posts during his first season at Juventus while his take-home pay was £30m from the club.

The five-time ballon d'Or winner cashes in on his vast social media followings through sponsored posts, while his other businesses would help push his target.

Legit.ng earlier reported that Juventus superstar Cristiano Ronaldo has dumped his seven-story luxurious apartment for a £3,500-a-week rented home close to a quiet fishing village.

The 35-year-old and his family reportedly moved to the new home due to its large space so he could drill himself.

It will also afford his partner Georgina Rodriguez and their children to keep up with their fitness exercises.

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Source: Legit.ng

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