The Italian football club Juventus wants to release a total of 150 million euros from the market with the issuance of new bonds in order to strengthen its financial capabilities.

Juventus intends to use the collected amount to reduce its existing debt burden. This summer club had to dig deep into the pocket to take over the Portuguese Ronaldo from Real Madrid. Juventus paid a transfer fee of a record amount of 100 million euros.

Morgan Stanley bank will assist Juventus who has penetrated this season to the second round of the Champions League with the issuance of bonds. The return on the five-year loans is approximately 3.5%.

This month Juventus hopes to take a first step together with Ronaldo to reach the next round in the confrontation with Atletico Madrid

Load More Related Articles
Load More By WeeklyNews staff
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Aselle Tasmagambetova and BVLGARI organized a wonderful charity event

Saby charity is one of the oldest if not the most old private charity fund in Kazakhstan. …