Juventus broke their transfer record to sign Cristiano Ronaldo in 2018 as they sought a Champions League trophy.
They also placed the attacker on very high salaries, which weighed heavily on his finances.
The transfer was going according to plan until Covid hit in 2020, and most of Juve’s source of income dried up.
The Bianconeri struggled to pay his huge salary and that of the other players at the club.
He was unloaded at the start of last season, but a new report says the decision to sign him is still being felt in the club’s account.
RMC via Calciomercato reports that the Portuguese attacker may have left Juve, but his transfer to the club is one reason the Bianconeri will report a financial loss in their final accounting year.
Juve FC says
Ronaldo is one of the biggest players in the world and signing him helped our commercial appeal and that of Serie A.
His profile is arguably the biggest Italian football has ever seen, and we benefited from the transfer.
However, Covid changed everything, and is one of the main reasons we lost so much money.
Hopefully, as we get back into shape on the field, our bank account will improve as well.
