He has already made millions for them in 1 hour: See how much United is worth now after signing Cristiano Ronaldo
Cristiano Ronaldo has made up to $238.5m for Manchester United after just 1 hour of returning to the club in a surprise signing. The Old Trafford side saw their share valuation rise by 8% after they announced the signing of the 5-time Ballon d'Or winner.
Manchester United has completed the signing of Cristiano Ronaldo, for the second time. The Portuguese re-joined the club side he left in 2009 in a deal worth £25m. The shocking transfer was completed within 24 hours with no one seeing it coming.
In the early hours of today, Cristiano Ronaldo went into training at Juventus to inform Massimiliano Allegri that he would be leaving the Allianz Stadium. After many rumours linking him to join city rivals Manchester City, Ronaldo landed his private helicopter on the Red side of Manchester to complete a sensational move back to Old Trafford. As expected, the news of Ronaldo's transfer has generated so much buzz.
More particularly, the share price of Manchester United has improved drastically in just 1 hour that the club announced the signing of the 5-time Ballon d'Or winner. It is rumoured that the value of the stock of the club has risen by 8% in just 1 hour after the player joined United. This translates to an increase of $238.5m in the club's valuation since Ronaldo joined Manchester United.
The 36-year-old's return to Old Trafford will certainly prove to be a huge commercial success for the club. Cristiano Ronaldo is very much loved by the United fans, who will love to watch him again both at the Old Trafford and through their TV rights. Ronaldo will hope he can help United to win their first EPL title since Sir Alex Ferguson left the club.
