Ryan Giggs Has an Interesting Take on Cristiano Ronaldo Transfer

Rex Christensen
July 12, 2018

But while the club and the auto company are separate corporate entities, individually managing their own operations and finances, the Italian USB Lavoro Privato union considers it "unacceptable" that such a large investment has gone into securing Ronaldo from the Galacticos.

Workers at the vehicle company's Melfi plant in southern Italy will walk off the job at 10 p.m. Sunday and remain on strike until 6 p.m. Tuesday, BBC News reported.

Juventus will pay 100 million euros ($117 million) for the move and another 12 million euros in additional fees to sign the player to a four-year contract, the club said in a statement. That holding company, Exor, owns 64 per cent of Juventus, and 30 per cent of Fiat Chrysler Automobiles (FCA).

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The USB union believes the decision to spend big on Ronaldo means that Fiat will be missing out on investment, explaining such a move is "unacceptable" while workers were making "huge economic sacrifices".

Ronaldo completed a sensational Sh11.8 billion (€100million) switch to the Serie A champions earlier this week, bringing an end to his successful nine-season stay in Madrid. "Zidane or no Zidane, the white jersey of Madrid is special". If Ronaldo can lead Juventus to the UEFA Champions League final, the media exposure for that year alone would be worth about $58.3 million, according to Eric Smallwood, president of Apex Marketing Group. "The owners should invest in auto models that guarantee the future of thousands of people rather than enriching only one".

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