Transfer window: How Ronaldo sale affected Juventus finances
Juventus have gained €52.332m from this transfer window, including money saved on wages as well as fees, despite the Cristiano Ronaldo sale to Manchester United at a loss of €14m.
The transfer deadline has now passed in Italy, so no more players will be coming into Turin until January.
Calcio e Finanza calculated that between wages and transfer fees, the Bianconeri make a total benefit of €52.332m compared to last summer.
However, if the wages are not taken into consideration, the improvement is just €24.5m.
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A large chunk of that is because Ronaldo’s sale to Manchester United for €15m plus up to €8m in bonuses generates a net loss on his original €117m transfer fee from Real Madrid in 2018.
The Bianconeri had been hoping for at least €29m to avoid making a loss on his fee, but are down just under €14m.
Nonetheless, the club does save €57.350m gross in wages for the remaining year of his contract.
Juve sold Cristian Romero to Atalanta, with the previously-agreed €16m option, resulting in a loss of €1.264m.