Juventus have officially confirmed that they have re-signed Andrea Favilli from Ascoli for €7.5m.
The 21-year-old spent the 2015-16 season on loan with the Bianconeri, and played a few seconds when he replaced Alvaro Morata at Frosinone on February 7.
Having taken his medical in Turin yesterday, it has now been officially announced that the striker has re-joined the Old Lady.
“Juventus Football Club S.p.A. announces that the agreement with Ascoli Picchio F.C. S.p.A. for the definitive acquisition of the registration rights of the player Andrea Favilli has been finalised for €7.5m payable in two financial years,” the official statement reads.
“The purchase value may increase of maximum €1.25m on achieving given conditions within 30 June 2021.
“This acquisition will generate economic and financial effects starting from 2018-19 season. Juventus and the player have signed a 5-year contract of employment until 30 June 2023.”
Favilli is expected to be loaned to Chievo for next season.
image via juventus.com