Categories: Sports

Cristiano’s economic momentum fades at Juve

Cristiano keeps pulling the car at Juve. Before the competition stopped, the Portuguese striker had 25 goals in 32 games this season in more than evident proof that despite his 35 years he is still in top form. His transfer to Juventus was a strategic decision that gave the Italian giant a boost at various levels. The shares juventinas In the Stock Market they showed a notable increase back in July 2018. In October, after the first goals of the Portuguese, exponential growth was maintained, but everything has changed according to a study by the Corriere dello Sport.

Juventus' strength in the stock market has been closely associated with Cristiano's moments, explains the newspaper. Thus, after the Katryn Mayorga case, the first braking of the titles came, but the Portuguese's goals made their way, especially in the Champions League, and they increased their value until reaching their maximum in April since their arrival. However, less than a year after that moment, that effect has faded and that the star continues to fulfill on the field. Thus, the titles of Juventus on the Stock Exchange have dropped 47% in the last three months, close to 50% in the last year and that before the national crisis in which Italy is now immersed by the coronavirus pandemic. Juventus' valuation on the stock market is, according to the Corriere dello Sport, at about 950 million for the close to 1.5 billion at the beginning of 2019. Now Series A lives in a state of uncertainty. As in Spain, it is waiting to be able to restart the championship, when there are sanitary guarantees.

Gabby Barker

Gabby is someone who is interested in all types of sports, she loves to attend watching matches live. Whenever there is a match being played in her city, she makes sure to get the tickets in advance. Due to the love for sports, she joined Sportsfinding, and started writing general sports news. Apart from writing the news, she is also the editor for the website who checks and edits every news content before they go live.

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