ADVERTISEMENT

Ronaldo's Juve move sparks strike in Italy

Fans of Italian giants Juventus are delighted their team has netted Cristiano Ronaldo as their star summer recruit -- but a union has called a strike saying the 100 million-euro signing is too much.

The USB union confirmed Thursday it has called a three-day strike from Sunday at the Fiat plant in the southern town of Melfi in protest.

ADVERTISEMENT

"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.

Auto behemoth Fiat are based in Juve's home city Turin and both are co-owned by the Agnelli family.

The union urged Fiat owners to invest in its workforce to bolster the finances of "thousands of people instead of only one."

ADVERTISEMENT

Ronaldo, 33, joins Juve after nine trophy-laden years at Real Madrid, who knocked Turin's 'Zebras' out of last season's Champions League and also beat them in the 2017 final -- the Portuguese among the goals in both ties.

Despite the union's frustration that Juve will pay Ronaldo an annual salary of a reported 30 million euros ($35 million), Banca IMI claim his arrival will strengthen the club brand globally, bolstering ticket sales by up to seven million euros per season and lifting merchandising, marketing and sponsorship by further millions.

The strike is due to start Sunday night although USB is a minor union in Melfi where main auto union CGIL-Fiom told AFP it was "not interested" in downing tools.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Africa's gaming gold rush: Unveiling the surge in online gambling

Africa's gaming gold rush: Unveiling the surge in online gambling

Seven African countries added to Meta's AI service coverage

Seven African countries added to Meta's AI service coverage

10 African countries with the lowest inflation rates in 2024

10 African countries with the lowest inflation rates in 2024

Davido launches his label Nine+ in partnership with UnitedMasters

Davido launches his label Nine+ in partnership with UnitedMasters

Nigeria's economic ranking drops to fourth in Africa

Nigeria's economic ranking drops to fourth in Africa

Moscow inaugurates its House of Africa

Moscow inaugurates its House of Africa

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

10 best airports in Africa in 2024

10 best airports in Africa in 2024

10 most expensive cities in Africa in 2024

10 most expensive cities in Africa in 2024

ADVERTISEMENT