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Juventus of Turin has waited for the closing of the market to become official of Cristiano Ronaldo. The Italian club will pay 105 million euros to Real Madrid for the Portuguese star to change the target for white and black.

While the rumors of the last days triggered the actions of the Vecchia Signora on the Stock Exchange, this Tuesday they managed to shoot (again) a 5.77%. Although the agreement has been made public once the big European places were already closed, this has not prevented investors from betting on Juventus of Turin in their portfolios.

The figure in which it has closed the shares of the sports entity has been 0.90 euros, figures that were not seen for nine years. Since the intention to sign Cristiano Ronaldo was known, the price of Juventus has risen almost 32% and its market capitalization has risen to the 844 million euros, when up to three weeks ago barely exceeded 680 million euros.

Statement from Juventus to the CNMV

Juventus has explained in a statement to the Italian Consob (the CNMV) the details of the operation, to confirm the operation. Last Friday, in turn, sent a statement, at the request of the regulator, that the increases that were being generated in the price of its shares were due to “They looked for alternatives in the market”.

On this occasion the Italian squadronannounced that “it has reached an agreement with the company Real Madrid Club De Futbol for the definitive acquisition of the right to sports services of Dos Santos Aveiro Cristiano Ronaldo for an amount of 100 million euros, payable in two years, on the contribution of solidarity required by FIFA regulations and ancillary expenses for 12 million euros “.

Juventus signed a four-year sports performance contract with the same player until June 30, 2022

Be this Wednesday when you know definitively what is the economic impact in the actions of Juventus, once it has been known that the Portuguese will wear the shirt of the Italian team.

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