Cristiano Ronaldo transfer news: How can Juventus sign the Real Madrid superstar?

It's the transfer that gets talked about: Cristiano Ronaldo can he really leave Real Madrid for Juventus?

The winner of the Golden Ball five times may be 33, but he remains a player at the peak of his abilities, coming up with a remarkable conclusion to the 2017-18 season in which he scored 23 goals in 13 games of Liga and Los Blancos won an unprecedented third Champions League crown.

At a time when nine-digit transfers are becoming commonplace, the feeling of spending $ 100m ($ 88m / $ 117m) player who has repeatedly said that he wants to continue to play in its fifth decade represents a good value for money.

Ronaldo shows no sign of slowing down and so long as this remains the case, he will remain one of the most coveted players in the game and will convince those who believe that his longevity and quality him have already done Juventus, however, has not been a club usually badociated with giant transfers in recent years, and certainly nothing in the order of the coup that they are in the process of undertaking.

At € 90m, Gonzalo Higuain is by far the club's most expensive club, having arrived from Naples in the summer of 2016. Juve has only signed another player for more than half of this amount: the iconic goalkeeper Gianluigi Buffon, arrived in Turin from Parma in 2001 for 52 M €

Other complicating topics are Ronaldo's salaries, which are as big as his stellar call. Juventus will offer a four-year contract worth between 220 and 240 million euros, or about 30 million euros per year before tax or 60 million euros after tax year.

This highlights the efforts the club are willing to make to break their structure to sign Ronaldo, so how will they handle it?

First, Juve will amortize the transfer. This means that the total value of the deal will not be immediately in their accounts for the 2018-19 season. Instead, it will be divided into equal pieces of four, corresponding to the length of the players' agreement.

In this case, that means about 25 million euros each year, which, combined with his salary, represents a total of about 85 million euros every 12 months.

The Turin club has made profits in recent years. Operating costs are broadly in line with their annual turnover of € 400m and although the amortization of other transfers costs them about € 100m per year, their own player sales mean gains of € 4 million on 2016 and 2017 accounts Costs jumped in 2018 due to an increase in amortization in the current team, and Ronaldo's signature will significantly increase their costs overall operating costs due to the badociated depreciation.

But there is no immediate panic. Financial Fair Play (FFP) is not a major concern for Juve since their costs for the years 2017-19 will be evaluated only before the 2019-20 season.

This is only if they have a net transfer expense of 100 M € this summer that they will be the subject of an investigation, which should be a objective relatively easy to manage.

The fall of FFP in the long run is no longer a possibility, but it is a possibility that Juventus can easily get around.

Selling players is the most obvious way to raise lots of money in a short time. Higuain seems to have little future at the club, especially if they manage to sign Ronaldo. The dropping of Argentina would release about 15 million euros in wages a year, and its sale is expected to bring in about 60 million euros.

Indeed, with the departure of Gianluigi Buffon to be replaced by Mattia Perin, Juve has already achieved a significant saving.

The presence of Ronaldo, meanwhile, will help to generate income elsewhere in the company. Sponsorship and merchandising, for example, are expected to grow by around 30%, compared to 75 million and 19 million euros respectively.

Fans will also have to shell out more to see a player than they applauded. scored a brilliant head-shot in Real's brilliant quarter-final victory in the Champions League 3-0 in April. The turnover of the notes is expected to increase by more than € 10m from € 60m this season due to higher prices, but Ronaldo will generate even more money in this regard.

7-8m more in this area.

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The other major source of revenue, gains in the Champions League, is more uncertain. As competition revenues are increasingly tied to performance, the quarter-finals of each of the next three campaigns will become a minimum, although Ronaldo's presence will, of course, allow them to achieve this goal.

be loaned by their sponsors, who could "pay" Ronaldo's salary with large commercial contracts. For example, the Portuguese could become the face of Ferrari, effectively meaning that the automaker pays his salary for the use of the player's image.

It is not too fanciful to suggest that Juventus has the means to conclude the case, although this remains a very ambitious goal for them. If they get their man, however, there is no doubt that they will again be considered as one of the major players in European football, having become almost men in recent years.