The financial market is a fickle place, the smallest things cause the biggest ripple effects, for example, many attributed the fall of Snapchat’s stock in the market to a tweet by Kylie Jenner. This was not the full story of course, but it did play a role.
Once more we see the power of players as it has been reported that Juventus’ stock went up after being linked with Portuguese striker Cristiano Ronaldo.
According to Goal, Ronaldo is set to move to Italy and be paid €30 million (£26.5m/$35m) per season until 2022 with the Italian juggernauts.
This move has seen Juventus’ stock rise with reports indicating that it jumped up by 7 percent and things have only gotten better as the transfer has gained momentum
By the end of trading, those shares closed 11.19% up at €0.82 a share, pushing the club’s total value up to €825m.
If indeed Ronaldo does move, it’ll be after an immensely successful career in Spain where he’s won 2 league titles, 2 Spanish cup titles, 4 Club World Cups, 4 Champions League trophies and much more.
He’s also the club’s top scorer of all time with 450 goals in 438 games, a feat which is amazing and it is expected that it would take quite a bit to break.
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