British fund Lindsell Train has increased its stake in Juventus to 11.3 per cent, becoming the biggest shareholder after the Agnelli family.
Despite a €19m loss for 2017-18, the share price of the Turin club has climbed in the wake of the Cristiano Ronaldo signing, up 27 per cent on last year.
That gives the club a total market value of around €1bn, with shares currently trading at €0.9485, a figure which was as high as €1.813 in recent weeks.
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