The salary Cristiano Ronaldo will receive is what truly marks this out as such a departure from Juve’s usual business practice. Particularly during the current era, director general Beppe Marotta has worked within strict parameters, his adherence to the wage structure unquestionably a factor in the high profile departures of Arturo Vidal, Paul Pogba and Kingsley Coman.
The amount of money Juventus will earn every year after signing star player, Cristiano Ronaldo from Real Madrid has been revealed.
Il Sole 24 Ore reports that the signing of Ronaldo will allow Juve to gain an extra €75 to €100 million per year.
The report claimed that the Ronaldo effect will have a huge impact on Juventus’ balance sheet although incomes from ticket sales and television rights are not going to improve as much for the Old Lady, who are expected to earn maximum €34million extra from these avenues in their balance sheet.
Juventus have closed the gap with the best European clubs on the pitch, but outside of it, there is still a big distance between the Old Lady and clubs like Real Madrid, Manchester United and Barcelona, three of the richest clubs in the world.
The Turin club paid Real Madrid £99.2million to sign Ronaldo earlier this month and sold $60million worth of Ronaldo jerseys in 24 hours, nearly half his transfer fee, Dailymail UK reports.
Speaking on why he joined Juventus, Ronaldo said at his first team press conference: “I want to leave my mark on the history of Juventus.
The entire wage bill for last season’s 25-man squad came to a total of €150.6m according to the Italian website Calcio e Finanza, with top earners Dybala and Higuain earning €7-7.5m per year after tax, yet Ronaldo’s four-year contract will reportedly see him paid €30m per year.
That is a staggering financial commitment, one that was only possible thanks to a hastily arranged shareholders meeting fronted by Agnelli, Marotta and sporting director Fabio Paratici. But the man himself insists he will work hard to prove he can continue to be an elite player, using his introductory press conference to send a message to those who believe the move to be a backwards step.
“I’m not sad about leaving Real Madrid, this is a big club and with all due respect players at this stage of their careers usually go to Qatar or China,” Ronaldo told reporters. “I’m different from all the other players who think their career is over at my age. I want to show that I’m not like the others. I’m different. I feel great. It’s a big challenge, it’s a tough league but I’ll be ready.”