AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,394 Increased By 99.2 (1.36%)
BR30 24,121 Increased By 266.7 (1.12%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)
Sports

Ronaldo's Juventus move sparks strike in Italy

Fans of Italian giants Juventus are delighted their team has netted Cristiano Ronaldo as their star summer recruit
Published July 13, 2018

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.

"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."

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.

Copyright AFP (Agence France-Press), 2018

Comments

Comments are closed.