The Portuguese superstar initially took legal action against his former club, arguing that he was owed significant wages following his three-year stint in Turin from 2018 to 2021, which ended with his move back to Manchester United.
Following a court ruling in Ronaldo’s favour, Juventus was ordered to pay 50% of the amount Ronaldo claimed, with the football icon covering the remaining half himself.
Juventus consider this payment as final, with Ferrero stating the club has no further financial obligations related to this case.
Speaking to shareholders, Ferrero addressed any concerns about outstanding payments, saying: “We paid Cristiano Ronaldo in April, there’s no need for any risk fund. We paid 50% of the amount he requested, so there’s no need for a risk fund because the amounts have been paid.”
Despite the payment, Juventus are still pursuing an appeal, challenging the court’s decision to split the financial responsibility evenly.
“We don’t agree with this ruling, which established an equal division of responsibilities, so we’ve appealed it at the Turin court,” Ferrero added, underlining the club’s stance that they hope for reimbursement in the future.
Ronaldo, now 39 and playing for Al-Nassr in the Saudi Pro League, scored 101 goals in 134 appearances for Juventus and helped secure two Serie A titles and a Coppa Italia victory.