Juventus: The authorities investigate the sale of Ronaldo

Milan (Italy): The Italian football club Juventus said yesterday evening that Italian prosecutors have again ordered a search in the offices of the club as part of the investigations relating to the financial aspects of the agreement for the sale of the Portuguese forward Cristiano Ronaldo. The investigating authorities of Turin, where the club, said they were investigating allegations that senior Juventus officials provided misinformation to investors and issued invoices relating to bogus deals that did not take place. Juventus confirmed that they are fully cooperating with the authorities in these investigations. And last week the public funds police in Italy broke into the offices of the club looking for documents relating to player trading operations in the period between 2019 and 2021. And last August, Juventus agreed to sell their former forward Ronaldo to Manchester United for 23 million euros (26 million dollars) , and the deal includes eight million euros linked to the player’s performance in his new team. Juventus stated at the time that the transaction would have a negative economic impact of 14 million euros on the results for the 2020-2021 financial year. (Reuters)

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