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Juventus are reportedly considering selling star man Cristiano Ronaldo in order to raise cash for life after coronavirus.

As one of the world’s most affected countries, Italy and the Serie A has been hit hard by the COVID-19 pandemic.

There has been no football in the top flight since March 9, when most games were played behind closed doors.

The lack of action has caused a number of financial constraints, and clubs have been forced to take action across Europe.

Juventus have already lowered the wages of players and coaching staff significantly, with the figure believed to be around a 70 percent cut.

But Italian outlet Il Messaggero report that the Old Lady could even resort to selling Ronaldo, and could demand as much as £62.5m for the 35-year-old in order to balance the books.

There are not thought to be any clubs currently interested in making a bid.

Juventus released a statement explaining why they had to come to the decision to hand players and coaches a pay cut.

The statement read: “Juventus Football Club S.p.A. announces that due to the current global health emergency is preventing the performance of the sporting activity, 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 finalized, as required by the current regulations.

“The economic and financial effects of the understanding reached are positive for about EUR 90 million for the 2019/2020 financial year.

“Should the current season’s matches be rescheduled, the Club will negotiate in good faith with the players and the coach conditional increases of compensations according to the actual resumption and finalization of official competitions.

“Juventus would like to thank the players and the coach for their commitment at a difficult time for everyone”

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