The amount of money Juventus will earn every year after signing star player, Cristiano Ronaldo from Real Madrid has been revealed.
The report claimed that the Ronaldo effect will have a huge impact on Juventus’ balance sheet although incomes from ticket sales and television rights are not going to improve as much for the Old Lady, who are expected to earn maximum €34million extra from these avenues in their balance sheet.
The Turin club paid Real Madrid £99.2million to sign Ronaldo earlier this month and sold $60million worth of Ronaldo jerseys in 24 hours, nearly half his transfer fee, Dailymail UK reports.
Speaking on why he joined Juventus, Ronaldo said at his first team press conference: “I want to leave my mark on the history of Juventus.
“I feel great, for me it is another challenge. I know it will be tough. I will be ready, Juve is ready,” he said.