Fiat workers 'to strike over Cristiano Ronaldo signing'

13 Julio, 2018, 07:53 | Author: Thomas Hicks
  • Fiat workers 'to strike over Cristiano Ronaldo signing'

Speaking at his official unveiling on Thursday, Cancelo said: "It's an enormous pleasure for me and all footballers to play with a great champion like Cristiano Ronaldo".

Fiat Chrysler Automobiles (FCA) workers have announced that they will strike against the signing of footballer Cristiano Ronaldo for Juventus Football Club, which is supported by Exor, the same investor as the vehicle maker.

Spanish soccer giant Real Madrid Football Club agreed on July 10 to transfer five-time Ballon d'Or victor Ronaldo to Juventus after he asked to leave.

The USB union said that the £99 million required to sign the 33-year-old player to Juventus should have been invested to safeguard the future of Fiat's future of thousands of people, "rather than enriching only one". The union added: "The owners should invest in auto models that guarantee the future of thousands of people rather than enriching only one", the union said.

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"Amid concern that The Old Lady might have overpaid Real Madrid for the signature of the 33-year-old forward, football finance expert Rob Wilson, of Sheffield Hallam University feels otherwise".

The investment holding firm of the Agnelli family, Exor, has a 64 percent stake in Juventus and owns 30 percent of carmakers Fiat Chrysler (FCA). If Ronaldo can lead Juventus to the UEFA Champions League final, the media exposure for that year alone would be worth about $58.3 million, according to Eric Smallwood, president of Apex Marketing Group.

The USB union has called for a strike at the Melfi plant in southern Italy, which makes cars including the Fiat Punto and the 500X.

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