Juventus says prosecutors looking into value of Ronaldo sale

Italian prosecutors have ordered a new search of Juventus offices as part of an ongoing probe into the Serie A club as they are also examining the financial terms of the sale of player Cristiano Ronaldo

Cristiano Ronaldo

FILE PHOTO: Italian prosecutors have ordered a new search of Juventus offices as part of an ongoing probe into the Serie A club as they are also examining the financial terms of the sale of player Cristiano Ronaldo.   -  AP

Italian prosecutors have ordered a new search of Juventus offices as part of an ongoing probe into the Serie A club as they are also examining the financial terms of the sale of player Cristiano Ronaldo, the club said late on Thursday.

Turin prosecutors said last week they were already looking into whether senior managers at Juventus gave false communications to investors and issued invoices for non-existent transactions.

The club reiterated it was fully collaborating with authorities on the matter.

READ: Juventus turmoil: Raided by police and struggling in Serie A

Italian finance police last week searched the offices of the Serie A club seeking documents relating to player trading between 2019 and 2021. In August, Juventus reached an agreement to sell the Portuguese football star to Manchester United for 23 million euros ($26 million), including 8 million euros linked to the achievement of specific performance objectives.

The deal generated a negative economic impact of 14 million euros on its results for the 2020/21 financial year, Juventus said at the time.

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