UP

Champions League upset costs Juventus $453 million

Home page Sports
12 Punto 14 Punto 16 Punto 18 Punto
Champions League upset costs Juventus $453 million

Shares of Juventus Football Club S.p.A. plummeted as much as 24 percent Wednesday, the most since the stock started trading in December 2001, after the Italian team was knocked out of Europe’s elite club competition by the Dutch outsiders, according to Bloomberg.

Axar.az reports that Juventus, whose stock lost about 400 million euros ($453 million) in market value at its low, went ahead in the 28th minute, courtesy of 34-year-old, five-time Ballon d’Or winner Cristiano Ronaldo. But Ajax’s youth prevailed, with goals from two academy players -- 21-year-old Donny van de Beek and 19-year-old Matthijs de Ligt -- to send the club into its first Champions League semi-final since 1997.

Ajax now has the chance to boost its annual revenue by more than a third. Reaching the semis has earned it an added 12 million euros in prize money, with another 19 million euros potentially up for grabs if the team progresses further. That’s before ticketing and merchandising revenue, and greater leverage with commercial sponsors for a club that’s earned a place back on global soccer’s biggest stage.

Date
2019.04.19 / 17:06
Author
Axar.az
See also

Azerbaijani karate athletes win 9 medals in Romania

Sabah edge “Zira in Cup Final to lift trophy - Result

Galatasaray’s Lucas Torreira attacked in Istanbul

Tabriz women’s handball team promoted to Premier League

Nariman Akhundzada salary revealed at Columbus Crew

Al-Nassr held by Al-Hilal in dramatic draw

Sabah set to sign Tymoteusz Puchacz permanently

Real Madrid rejects Arsenal bid for Arda Guler

Ali Karimi’s properties seized by Iranian court ruling

Elchin Masiyev to referee Azerbaijan Cup Final

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla