Juventus Football Club S.p.A. announces that an agreement with Manchester United FC Ltd for the definitive disposal of the registration rights of the player Dos Santos Aveiro Cristiano Ronaldo has been reached for a consideration of € 15.0 million payable in five financial years, which might be increased, up to a maximum of € 8.0 milion, upon achievement of specific performance objectives over the duration of the employment contract with the player.
This operation generates a negative economic impact of approximately € 14.0 million on the 2020/2021 financial year due to the partial write-down of the net book value of the player’s registration rights.
