ibusinesslines.com
ibusinesslines.com July 17, 2018


Fiat staff to strike over Cristiano Ronaldo’s £88 million Juventus move

13 July 2018, 05:43 | Charlene Valdez

Image via Dailypost Awkward

Image via Dailypost         Awkward

Workers at a Fiat Chrysler plant in Italy are to strike after its main investor made a decision to pay €112m (£99.2m) to sign footballer Cristiano Ronaldo for Juventus.

That holding company, Exor, owns 64 per cent of Juventus, and 30 per cent of Fiat Chrysler Automobiles (FCA).

Juventus' supporters show Cristiano Ronaldo's official Juventus jerseys.

That's money that could have been used for job-boosting investments such as making better cars, the union said.

"It is unacceptable that while management continues to demand huge sacrifices from (Fiat Chrysler) workers over years, the same management decides to spend hundreds of millions of euros to buy a football player", the union said.

Ronaldo and Messi have battled to be deemed the best player in the world for the past 10 years, winning five Ballons d'Or apiece as Real Madrid and Barcelona fought for supremacy in LaLiga.


The powerful Agnelli family including Juventus' president Andrea Agnelli co-own the Turin-based club and Fiat.

The USB union has called for a strike at the Melfi plant in southern Italy, which makes cars including the Fiat Punto and the 500X.

Liverpool FC finished in fourth place in the Premier League table last season as they secured Champions League qualification for next season.

As captain of the Portuguese team in the 2018 World Cup, he scored four goals, including a hat-trick against Spain. Because Juventus and Fiat Chrysler are partly controlled by the same owners, the announcement has triggered a union strike at Fiat Chrysler's Melfi plant in Italy.

Cancelo has joined the Bianconeri in a €40m deal from Valencia - and was soon followed by former Real Madrid star Cristiano Ronaldo.



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