Fiat workers to strike over Juventus’ $116 million Cristiano Ronaldo purchase?

A vendor adjusts a Juventus' jerseys with the name of Cristiano Ronaldo exhibited in his shop in Turin, Italy July 7, 2018

© REUTERS / Massimo Pinca

It was recently confirmed that Portuguese football star Cristiano Ronaldo is leaving Real Madrid for Juventus ahead of the start of the next season, and while many Italian football fanatics are excited by his entry into the Serie A League, the move has sparked some condemnation.

Employees of Italian car giant Fiat are reportedly looking to strike over Juventus’ recent £88 million (over $116 million at the current GBP/USD exchange rate) acquisition of Cristiano Ronaldo, The Independent reported on Thursday.

The multi-billion Agnelli family owns large stakes in both Fiat and Juventus, and with Fiat announcing a string of cutbacks and redundancies over the past few years, some employees have been angered by the family’s willingness to spend tens of millions of dollars on buying Ronaldo while they struggle.

“It is unacceptable that while the [owners] ask workers of Fiat for huge economic sacrifices for years, the same decide to spend hundreds of millions of euros for the purchase of a player. The owners should invest in car models that guarantee the future of thousands of people rather than enriching only one,” a spokesperson for the USB Lavoro Privato union said.

This particular union only represents a small portion of Fiat’s workforce, and is looking to arrange a strike at the carmaker’s Mefi plant in southern Italy.

Other unions have criticized the move, describing it as “mere advertising” and said “the matter [Juventus’ purchase of Ronaldo] has nothing to do with our work or our workers.”

It’s unclear if workers at Fiat Chrysler’s Mefi production facility, which produces Alfa Romeos, Maseratis and Fiats, will indeed strike, potentially bringing widespread disruption to the company’s production.The firm has placed thousands of workers on temporary redundancy programs, as the corporation has struggled to maintain market share and sales revenue.

Fiat is aiming for all temporarily laid off workers in Italy to return before 2022, provided their new corporate investment strategy meets expectations and delivers results.

Sputnik

Note

The Agnelli family was also a major backer of Mussolini. Giovanni Agnelli was named to the Senate of Italy by the Fascist dictator in 1923. FCA chairman John Elkann is a grandson of Agnelli.

Advertisements

Leave a comment

Filed under Soccer / Football, Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s