After nine sensational seasons at Real Madrid, five-time Ballon d’Or winner Cristiano Ronaldo is being transferred to Juventus in Italy.
Ronaldo and Real Madrid both issued statements confirming the superstar’s departure.
“I have reflected a lot, and I know that the moment has arrived for a new cycle,” Ronaldo said. “I am leaving, but this shirt, this badge and the Santiago Bernabeu I will continue to feel as something that is mine wherever I go. Thank you to everyone, and of course, like I said for the first time in our stadium nine years ago: Hala Madrid!”
Juventus will pay Real Madrid a fee of $140 million, and Ronaldo is expected to pocket an after-tax base annual salary of about $35 million — about $64 million before tax.
There is also the possibility of Fiat coming to the party with a sponsorship deal that would see Ronaldo pitching vehicles and that could increase Ronaldo’s take by a significant amount.
Last week, I posted an article addressing the rumored transfer and suggested that if the move came to pass, Juventus would be looking at a four-year deal that would cost around $450 .
Author: Bhavesh
souce: forbes
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