Details Of Ronaldo's Whopping Juve Deal Revealed?
Details Of Cristiano Ronaldo's Whopping Juventus Deal Revealed?
With Juventus having completed their club record transfer of Cristiano Ronaldo on Tuesday, here are the reported details of his whopping package with the Italian giants.
Click through the gallery above to see Real's most expensive sales ever.
The 33-year-old has joined the Bianconeri on a four-year contract, becoming both Real's record sale and the Italian side's most expensive buy in the process.
Juventus released a statement on their website saying they agreed to pay €100 million (R1.57 billion) over two financial years. In addition, they will also pay another €12 million (R188 million) solidarity contribution and additional costs, which is likely to include development fees to be paid to his two previous club Sporting Lisbon and Manchester United, as well as agent costs.
"Juventus Football Club S.p.A. announces that the agreement with Real Madrid Club De Futbol S.p.A. for the definitive acquisition of the registration rights of the player Dos Santos Aveiro Cristiano Ronaldo has been reached for a consideration of €100 million payable in two financial years, in addition to the solidarity contribution provided by FIFA regulations and additional costs of €12 million. Juventus and the player have signed a four-year contract of employment until 30 June 2022," the statement on the club's official website read.
According to The Guardian, the Italian side will pay Ronaldo an annual salary of €30 million (R470 million) over four years, and will have to pay the same amount in taxes.
This takes the overall costs for Ronaldo's record deal to €352 million (R5.52 billion) – €100 million in transfer fees, plus €12 million in additional fees, €120 million (R1.89 billion) in salaries over four years and the same amount in taxes.
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