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“The Ronaldo effect” (It’s not what you think)

Source: Google

You probably already know that Cristiano Ronaldo joined Juventus in the summer of 2018 from Real Madrid. His transfer made an instant impact, and as of now, Juventus are leading in “Serie A” with 13 points in front of the second-placed Napoli.

However, economics and its impact on Juventus stock price are far more interesting. Since Ronaldo’s transfer, Juventus shares have more than doubled. Also, because he’s so popular around the world and on social media, Juventus is now the second or third favorite team for many people. Their social media following increased with a couple million and they’re no signs of slowing down.

Recent allegations against the star and 2-0 loss to Atletico Madrid in the Champions League made Juventus stock drop with 15% which according to many investors represents a massive opportunity.

Ronaldo’s contract is until the end of June 2022 and given he continues to show his class, fans and traders are optimistic about the team’s performance on and off the pitch.

Juventus are always looking to add world-class players to their squad, and they recently confirm the transfer of Aaron Ramsey.

The club is a global brand now, and transfers of players like Ramsey and Ronaldo are only going to help the club to reach out to more people around the world.

As of March 2019, the price of one Juventus’s share is 1,23 EUR, however with them continuously attracting world-class talent and the team becoming stronger and stronger, nobody can tell what the future holds for them.

Sounds like an interesting investment, doesn’t it?

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