Cristiano Ronaldo is set to play his first competitive game in Turin today, as it was also revealed that his arrival at Juventus has pushed the Serie A champions over the billion-euro mark on the Italian stock exchange.
That’s another record broken as the Portuguese star continues to bring good fortunes to the Italian outfit.
According to Calcio e Finanza, a specialist sport and finance website, at the close of business on Friday, Juventus were valued at 1.035 billion euros ($1.2 billion).
It is the first time the club has reached that level since its introduction on the stock exchange in 2001.
That compares to Manchester United, the world’s richest club, whose overall value is £3.1bn ($3.9 billion).
Juventus’s shares have grown 55.15 percent on the stock exchange since July 1, increasing from 0.660 euro to 1.024 euros. Calcio e Finanza noted;
“The rise peaked this summer, starting in June, when the first information about the possible arrival of Cristiano Ronaldo began circulating.”
The five-time Ballon d’Or winner joined the Serie A champions from Real Madrid on July 10 in a 100-million-euro deal. He earns a salary of 30 million euros per year.
Since his arrival sales of the club’s black and white jersey have also exploded.
Calcio e Finanza added that the volume of share sales went from 19 million euros in June to 301 million euros in July.
Ronaldo played his first competitive game in a 3-2 win against Chievo in Verona last weekend. His first game in Turin is against Lazio on Saturday at 1600 GMT.