Sports

Juventus shares hit new record ahead of Champions League quarter-final

Published

5 years ago

April 15, 2019

Juventus shares hit a record high on the Milan stock exchange at the close of business on Monday, ahead of the team ’ s Champions League quarter – final, second leg clash against Dutch club Ajax in Turin .

Portuguese superstar Cristiano Ronaldo gave Juventus the edge with a precious away goal , his 125th in the competition , in a 1 – 1 draw in Amsterdam last week as both teams target a semi – final berth .

Shares rose by 2 . 19 % to 1 . 706 euro ( $ 1 . 93 ) at the close of business on Monday , beating the previous record of 1 . 672 euro ( $ 1 . 89 ) achieved on September 19 .
Juventus , the most successful football club in Italian history , made its debut on the Milan stock exchange in December 2001 .After feeble returns shares recovered during the course of the 2017 – 2018 season , exploding after the arrival of the five – time Ballon d ’ Or winner from Real Madrid last summer.

Shares had been trading around 0 . 6 euro in mid – May, jumping to 1 . 8 euro during the session on September 20 , before dipping slightly following rape allegations against Ronaldo in the United States dating back to 2009 which he vehemently denies .

The 34 – year – old was signed for 100 million euros ( $ 117 million ) last summer, and earns an annual 31 million – euro salary and is aiming to help Juventus lift the title they last won in 1996 .

They have finished runners – up in their last five final appearances , most recently in 2015 and 2017 .

Ronaldo rescued the team ’ s European campaign with an incredible hat – trick in the last 16 against Atletico Madrid last month .
Juventus are also on course for an eighth consecutive Serie A title , needing just one point to secure the Scudetto for the 35 th time .
( AFP )