The signing of Cristiano Ronaldo to Manchester United on Friday, August 27th, 2021 had some effects on the Old Trafford club. The Red Devils announced the signing of the five-time Ballon d’Or winner was returning to Old Trafford, having spent six years at the club from 2003 to 2009.
When the news was confirmed officially by the club on Twitter, Fans and rivals of Manchester United visited the website to confirm the news and this led to the club’s website crashing for at least some minutes. The club might get used to having their site crash as they will have more fans of Real Madrid and Juventus supporting Manchester United when the player officially joins the Red Devils.
The signing of Cristiano Ronaldo also saw a sudden increase in the club’s stock value as it increased by 8% in the past 24 hours. Manchester United will reap a lot of financial benefits from the signing of the winger, as fans will buy the player’s jersey and always want to watch the player live at the Stadium, which will bring about more tickets, sales, and merchandise for the club.
The odds to win the Premier League have switched to Manchester United’s favor in the past 24 hours since the signing of Ronaldo. The club is in the best position to win the Premier League, looking at the number of goals he will score for the Red Devils and how significant it will be for the club.
Ronaldo is set to sign a two-year contract with the Red Devils, with United paying Juventus €15million (£12.8m), plus €8m (£6.8m) in add-ons.
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