Juventus Officially Confirm Cristiano Ronaldo Exit To Man Utd

Manchester United have re-signed club legend Cristiano Ronaldo 12 years after as a two-year deal with an option for a third has been agreed.

And now Juventus have officially confirmed that the Portuguese has been sold to Ole Gunnar Solskjaer’s side.

“Juventus Football Club S.p.A. announces that it has reached an agreement with Manchester United FC Ltd for the definitive disposal of the registration rights of the player Dos Santos Aveiro Cristiano Ronaldo, for consideration of €15.0m, payable in five financial years, which may be increased during the duration of the player's sports performance contract, by an amount not higher than €8m, upon the achievement of specific sporting objectives.

“This operation generates a negative economic impact on the 2020/2021 financial year equal to €14m, due to the effect the adjustment of the net book value of the player's right to sports services.”

The statement was accompanied by a post on the club's website saying goodbye to Ronaldo, who joined in July 2018.

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Official confirmation from United is expected to follow shortly.

This article was most recently revised and updated 1 year ago

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