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

Jalilabad football club player dies at 29 - Photo

Slavia Prague arrive in Baku ahead of Sabah clash - Video

Man City beat 10-man Liverpool 3-0 at Anfield

Istamov claims gold as Azerbaijan secures eight medals

Verstappen wins Singapore Grand Prix for first time

Qarabag beat Imishli to climb to third in Premier League

Azerbaijan’s Muradli wins European U17 boxing title

Austrian referee to officiate Sabah-Slavia match

Khankendi Ultramarathon concludes in Victory Square

Azerbaijan beat Austria 4-0 to reach judo last 16

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