Sebastian Giovinco’s much-anticipated return to Juventus has been confirmed, as the Bianconeri announce his transfer on their official website.
This week saw Juve’s advanced negotiations with Parma for the 25-year-old made public, and whilst Beppe Marotta and the player’s agent spoke of the move’s close completion, Parma’s announcement on Tuesday of the transfer proved premature.
However, Thursday evening’s statement on Juve’s website has confirmed the completion of their purchase of the Gialloblu’s 50 per cent of the player’s contract.
“Juventus announces that it has resolved in its favour the agreement with Parma relating to the playing rights of footballer Sebastian Giovinco.
“The transfer was resolved for a fee set at €11m to be paid by Juventus over the next three seasons.
“The contract signed with the player is in effect until June 30, 2015.”
Juventus originally sold this 50 per cent share of the player to Parma for approximately €3.75m two years ago, whilst the decision to re-sign him has generated debate among fans and critics alike.