Juventus, the Italian club, remained mired in financial losses due to the Portuguese star, Cristiano Ronaldo.
The account holding company “Exor”, which owns 63.8 percent of Juventus’ shares, revealed financial losses of 132 million euros for the second half of last season.
The financial losses of Juve, by adding the losses of the first half of the 2021-2022 season, amounted to an amount ranging between 240 and 250 million euros, leaving the club’s accounts negative for the fifth consecutive year.
And the newspaper ” Toto Sport ” pointed out that Ronaldo, with his salary and financial rewards, burdened Juventus, as he joined for 117 million euros. Coming from Real Madrid, he earned an annual salary of more than 30 million euros, over 3 seasons.
Ronaldo won 5 local titles in the old lady’s shirt, but he failed to win the most important title, the European Champions League.
