Juventus stock soars ahead of Ronaldo home debut as club cash in on Cristiano
Italian giants Juventus have witnessed their shares soar to €1 ahead of Portuguese winger Cristiano Ronaldo’s home debut in Turin on Saturday, a stock boom not witnessed even after the player's arrival at the club a week ago.
It is the first time shares in the Serie A kings, who have won the last seven scudetto titles, have hit the one euro mark since January 2018.
Share prices now officially stand at €1.02, a reported 4.49 increase, according to Bloomberg.
The Turin club hasn’t seen such a rise in its stock, even immediately after Ronaldo’s arrival from Real Madrid for $117 million, in the past seven months.
Five-time Ballon d’Or winner Ronaldo makes his home debut at the Allianz Stadium on Saturday against Lazio.
Champions Juve are looking for their second straight win of the season, having beaten Chievo in their opener 3-2 courtesy of a Federico Bernardeschi stoppage-time goal.
Portuguese captain Ronaldo did feature in that win but failed to score, and will be looking to open his account against the Rome club on home turf.
Having scored four goals in Portugal's World Cup campaign in Russia, including a hat-trick against Spain, Ronaldo will surely be looking to be among the goalscorers in front of 'The Old Lady's' home fans.