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Juventus forward, Cristiano Ronaldo, has been named the highest-paid footballer on the planet, in the annual Forbes list published on Friday.

Ronaldo is only second on the list of the best-paid athletes for 2020 behind tennis superstar, Roger Federer.

Federer earned $106.3m (£86.3m) in the last 12 months including $100m (£81.2m) in endorsements.

All that money saw him move up four places and become the first tennis player to top the list.

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Ronaldo (£85.3m), Lionel Messi (£84.5m), Neymar Jr. (£77.6m) and American basketball player LeBron James (£71.6m) complete the top five.

“The coronavirus pandemic triggered salary cuts for football stars Messi and Ronaldo, clearing the way for a tennis player to rank as the world’s highest-paid athlete for the first time.

“Roger Federer is the perfect pitchman for companies, resulting in an unparalleled endorsement portfolio of blue-chip brands worth $100m a year for the tennis great,” Kurt Badenhausen, who is a senior editor at Forbes, said.

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Japan’s Naomi Osaka (£30.7m), who was ranked 29th on the list, is ahead of another tennis player Serena Williams (£29.5m), as the world’s highest-earning female athlete.

They are the only women on the list.

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Abass Sulaiman Adegoke, well known as Adegoke is a student of Federal Polytechnic Ede studying Civil Engineering, He is a media enthusiast, loves traveling, and has a special interest in personal development.

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Sport

Champions League: UEFA reacts as CAS overturns Man City’s ban

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UEFA has reacted to the decision of the Court of Arbitration for Sport (CAS), to overturn Manchester City’s two-year ban from European competitions.

The ruling means City will play in the Champions League next season.

The former English champions have also had their fine reduced from £25million to £8.9million.

City had been banned by UEFA for breaking Financial Fair Play (FFP) rules, but have had the decision overturned by CAS.

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However, a statement from European football’s governing body on Monday, showed they were not happy with what they see as many of City’s alleged breaches being “time-barred.”

“UEFA notes that the CAS panel found that there was insufficient conclusive evidence to uphold all of the CFCB’s conclusions in this specific case and that many of the alleged breaches were time-barred due to the 5 year time period foreseen in the UEFA regulations.

“Over the last few years, Financial Fair Play has played a significant role in protecting clubs and helping them become financially sustainable and UEFA and ECA remain committed to its principles,” part of UEFA’s statement read.

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Champions League: What CAS verdict on Man City’s ban means for Man Utd, Chelsea, Arsenal

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On Monday morning, the Court of Arbitration for Sport (CAS), overturned Manchester City’s two-year ban from the Champions League.

UEFA’s Club Financial Control Body (CFCB) in February, handed the ban to the Etihad club, claiming it had breached Financial Fair Play (FFP) regulations between 2012 and 2016.

CAS in a statement explained that “Manchester City FC did not disguise equity funding as sponsorship contributions, but did fail to cooperate with the Uefa authorities.”

It further reduced City’s original fine of 30m euros (£26.9m) to 10m euros.

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Beyond the lifting of suspension and reduction of fines, today’s verdict has different implications for some of the top clubs in the Premier League.

First, it means that only two Champions League slots are available in England now, with champions Liverpool and City already qualified.

Arsenal’s 2-1 defeat to Tottenham on Sunday, now means they cannot qualify for Europe’s biggest club competition officially.

However, Manchester United can make a late run for the top four places, if they continue their fine run of form with a win over Southampton on Monday night.

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Chelsea were humiliated 3-0 by Sheffield United last week, but Leicester’s 4-1 defeat against Bournemouth has given them fresh optimism.

The Foxes are now obvious candidates to drop out of the race for Champions League places altogether, especially with their tricky run-in.

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