Take a fresh look at your lifestyle.

UCL: Juventus rake in N8bn from Ronaldo’s magic

By George Aluo

Juventus shares soared more than 20 per cent last week after Cristiano Ronaldo scored a   hat-trick to send theinto the Champions League quarter-finals.

The ‘Old Lady’ as the club are fondly called smiled to the banks with over N8.5bn after romping into the quarterfinals of the money spinning competition.

Their 3-2 aggregate victory over Atletico Madrid on Tuesday night means Juve will receive around £9.3million (about N4.5bn) in additional payments for making it through.

READ ALSO:Emmanuel Amuneke set to give Tanzania first Afcon qualification in 40 years

That cash is on top of the £8.2m (about N4bn) the Italian giants made for reaching the last 16 of the competition.

At 9.40am on Wednesday morning, shares in the club were up 16 per cent after hitting their highest since late January in early trading.

The shares were also on track for their best day since October, 2013.

‘Considering the amount they gain by qualifying for the next round against the odds, it is quite fair,’ said a trader.

Comments
Loading...