Juventus to slash costs by releasing five big names

Juventus are planning to cut €70m of costs for next year, claim La Gazzetta dello Sport, with a list of players set for the exit including Angel Di Maria, Alex Sandro, Adrien Rabiot, Leandro Paredes and Juan Cuadrado.

The Bianconeri have decided to start a whole new era following the resignation of the entire Board of Directors and the 15-point penalty for artificially inflating transfer fees to boost capital gains.

The chief of the Agnelli family holding company Exor, John Elkann, has also ruled that the club will rein in the outlandish costs to focus on a more self-sustainable approach to football.

According to La Gazzetta dello Sport, the plan is to cut costs by as much as €70m in just one year, which also means getting rid of some of the highest earners whose contracts are running down.

That includes Di Maria, Rabiot, Cuadrado and Alex Sandro, while Paredes is on loan from Paris Saint-Germain and Juventus will not activate their option to buy for €22.6m.

By not activating it, they still have to pay PSG a penalty of €2.5m in June 2023.