Cristiano Ronaldo has waived the entire amount he is entitled to from JBS, who manufacture his range of CR7 underpants
Cristiano Ronaldo
Portugal football superstar Cristiano Ronaldo has shown his generous side once again by helping Danish underwear company JBS, who have taken a massive hit on sales due to the Coronavirus pandemic.
ADVERTISEMENT
According to British tabloid, The Sun, the Juventus player has waived the entire amount he is entitled to from JBS, who manufacture his range of CR7 underpants.
The CR7 range of underwear is one of Cristiano’s most lucrative endorsements and account for 14 per cent of JBS’s total revenue. The company’s CEO Michael Alstrup is most grateful.
“Cristiano’s people have said that because of the Coronavirus this year, there will be no minimum payments at all. And Cristiano has even further helped us not to pay anything until 2021. We are privileged that it was us who started the CR7 brand, and we sit among Cristiano’s closest, just like part of the family,” he said.
Catch up on all the latest sports news and updates here. Also download the new mid-day Android and iOS apps to get latest updates.
Mid-Day is now on Telegram. Click here to join our channel (@middayinfomedialtd) and stay updated with the latest news