4 ways Juventus financially benefited from Ronaldo's big money transfer

Ronaldo's arrival will have a huge impact on and off the field for Juventus
Ronaldo's arrival will have a huge impact on and off the field for Juventus

#2. Share prices surge

Juventus share price went up as soon as the speculations became intense
Juventus share price went up as soon as the speculations became intense

Early in July, when rumours of Ronaldo’s move was gathering pace, the benefits of a move was already visible.

On July 5, the Old Lady’s share price saw a surge of 10% and over 20% over a three day period. On the 5th of July, their shares were trading at €0.81 compared to €0.65 on June 28th.

On July 10, the day when Juventus announced the deal to sign Ronaldo, it peaked at €0.90. On July 24, it dropped to €0.88.

The fact that a mere speculation raised the club’s share prices by a big margin itself is astonishing and a peak on the day of Ronaldo’s announcement shows how much off the field benefits the club are making with the superstar.

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Edited by Zeeshan Ali
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