Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,169,726 members, 7,875,817 topics. Date: Saturday, 29 June 2024 at 10:15 PM

Manchester United Set To Earn Money From Cristiano Ronaldo’s Transfer To Juventu - Sports - Nairaland

Nairaland Forum / Entertainment / Sports / Manchester United Set To Earn Money From Cristiano Ronaldo’s Transfer To Juventu (708 Views)

Juventus Rejects Man Utd’s Cavani Offer Despite Ronaldo’s Transfer / PSG Want Ronaldo Transfer As Mbappe Heads To Madrid Next Summer / Reuters: Juventus Shares Rise By More Than 11% Over Ronaldo Transfer Reports (2) (3) (4)

(1) (Reply)

Manchester United Set To Earn Money From Cristiano Ronaldo’s Transfer To Juventu by Jowanonline(m): 11:54am On Jul 06, 2018
Manchester United could be paid 0.5% of Cristiano Ronaldo’s transfer fee if his move from Real Madrid to Juventus goes through.

The Serie A champions have already made an £88million bid and Los Blancos are thought to be considering it.

If the 33-year-old does seal a move to Turin, United could stand to financially gain from the transfer, despite not including a sell-on clause in the deal that took Ronaldo to Real Madrid in 2009.

This is because United signed Ronaldo as an 18-year-old and qualify for training compensation under FIFA’s Solidarity Mechanism rule.

In the Regulations on the Status of Transfer and Players handbook, page 25, article 21 states: “If a professional is transferred before the expiry of his contract, any club that has contributed to his education and training shall receive a proportion of the compensation paid to his former club (solidarity contribution).”

The exact pricing of the rule is broken down in Annexe 5, on page 70. For every season that Ronaldo trained with United, the club receives 0.5 per cent of the overall transfer fee.

SOURCE: https://jowanonline.com/manchester-united-set-to-earn-money-from-cristiano-ronaldos-transfer-to-juventus/

Re: Manchester United Set To Earn Money From Cristiano Ronaldo’s Transfer To Juventu by Danchoco(m): 11:59am On Jul 06, 2018
Wow...much rules

(1) (Reply)

Juventus Have Sold All Their Season Tickets For The 2018-19 / Champion Stars Football Club / Z72xt8cb Today's Corners 55+ Odds

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.