How much money Juventus saved thanks to the sale of Ronaldo
When Juventus first landed Cristiano Ronaldo, President Andrea Agnelli and former sporting director Fabio Paratici were happy to pay every penny for the superstar’s services.
However, times have changed and following the outbreak of the Covid-19 pandemic, the club were no longer able to pay the Portuguese’s astronomical salary amid the current financial difficulties.
As fans were divided over the club legend’s departure, the Bianconeri’s accountants surely heaved a huge sigh of relief.
According to TuttoJuve, Ronaldo’s return to Manchester United will save Juventus nearly € 90 million. The five-time Ballon d’Or winner has earned around $ 31million per season while in Turin, but the total cost of salaries is calculated to be around $ 60million per year.
In addition, the player’s transfer could reach 28 million after adding bonuses, which would bring the total to around 88 million.
Those numbers should give the club a chance to breathe, even if some part is to be used to secure the signings of one or two new players before the transfer market ends.
The report also mentions some of the Portuguese’s possible substitutes at the start, including Paris Saint Germain striker Mauro Icardi and ex-Juventus youngster Moise Kean, who currently plays for Everton.
We can only hope that these newly earned funds will be spent wisely.