How Juve Owe Man Utd Money Over 2018 Ronaldo Transfer

Juve Owe Man Utd Money Ronaldo Transfer

Manchester United can expect a payment of over €1m from Juventus by the end of the season due to a condition as part of Cristiano Ronaldo’s move to the Italian giants last summer.

The 34-year-old left Old Trafford to join Real Madrid in 2009 for a then-world record transfer fee of £80m.

After nine years at the Bernabeu the five-time Ballon d’Or then moved on to Juventus, and he helped his side win the Serie A last season.

According to Manchester Evening News Juventus’ accounts for last season reveal that they owe United €1.2m as a ‘second instalment of a solitary payment’ following the move.

Whilst the amount received is hardly likely to make much of a difference to United’s spendings, it will come as a welcome boost to the club’s finances.

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‘Solidarity payments’ came into effect in 2001 and are effectively compensation for clubs who help to develop a player between the ages of 12 and 23.

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Greg Afamah

Written by Greg Afamah

Greg is a Sports content writer. He has many years of experience in Sports Writing. He was a writer for Opera News and is Editor-in-Chief at GoalBall.

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