Friday October 5 2018
Ronaldo: Juve share price falls

Juventus’ share price has fallen by more than five percent in the wake of Cristiano Ronaldo’s rape allegations.

AFP reports Juve’s stock price on the Borsa Italiana fell to €1.25 at 11:00 CET on Friday, representing a drop of 5.37%, although the market is down 0.93%.

It also marks a sharp decline since Tuesday, when the stock came in at €1.45, and stark contrast to when it shot up after Ronaldo’s arrival in July.

The No 7’s chief sponsors Nike and EA Sports have already issued statements of concern with regard to the allegations, while the Bianconeri leapt to his defence in a controversial statement.

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