Double celebration for the ‘Red Devils’. Manchester United shot up almost 9% this Friday on Wall Street, after the return of Portuguese international Cristiano Ronaldo became official, putting an end to his story at Juventus.
After the news was known, around noon on the New York Stock Exchange, the shares rose to $ 19.15 in their best moment, although with the passage of hours they moderated the advance. At the close of the session on the New York trading floor, the titles of the British sports club finally stood at $ 18.28, an increase of 5.79% compared to yesterday's close.
Manchester United announced that it has reached an agreement with Juventus for the transfer of Ronaldo, thus returning to the team in which he scored 118 goals in 292 games in his first stage (2003-2009). The club whose first team trains Ole Gunnar Solskjaer explained that the agreement with the five-time Ballon d'Or is subject to the parties giving their approval to the “personal terms” of the contract, the medical examination and the issuance of a visa for the Portuguese.
According to local media TalkSport, Ronaldo has on the table a two-year contract with a salary of 480,000 pounds a week (560,000 euros). The market value of the club on Wall Street thus exceeded $ 2.8 billion, with a cumulative capitalization increase of 10% since the beginning of the year.
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