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Done deal: Juventus confirm Cristiano Ronaldo fee, contract details after transfer from Real Madrid

Juventus have officially confirmed the signing of Cristiano Ronaldo from Real Madrid, revealing the financial details involved in their sensational swoop.

The Bianconeri have landed the five-time Ballon d’Or winner in what will undoubtedly be the biggest transfer of the summer with Real Madrid now forced to fill a sizeable void left behind by the Portuguese superstar.

SEE MORE: Juventus stars welcome Cristiano Ronaldo on social media ahead of €105m move from Real Madrid

Despite dominating Serie A for the past seven years, the Turin giants have strengthened their squad significantly as Ronaldo’s arrival will undoubtedly be seen as a major step in their desire to end their long wait for success in Europe having gone over two decades without a European Cup.

It’s certainly turned out to be a costly investment though, as Juventus have signed Ronaldo in a deal worth in excess of €100m, while he’s penned a four-year contract with the reigning Italian champions, as per the official statement on their website.

Interestingly, it’s suggested that the transfer fee will be paid over two years which suggests that they’ll use instalments to maintain a healthy financial position, and so it seems like excellent business from a Juve perspective to land a player still considered by many as the best in the game currently despite approaching the latter stages of his career.

With 44 goals in 44 appearances last season, Ronaldo didn’t show any real signs of decline, and so now it remains to be seen whether or not he’ll find his feet in Italy and continue his impressive level of success which brought him two league titles and four Champions League triumphs in nine years at the Bernabeu.

It’s undoubtedly an exciting time for Juve fans though, as they’ll hope the Portuguese international is the missing piece in Massimiliano Allegri’s squad to conquer Europe as well as helping them to continue to sit at the top of the tree in Italy.

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