Cristiano Ronaldo a Goal Machine and Money-making Machine for Ambitious Juventus

Agencies
November 7, 2018

Nov 7: Cristiano Ronaldo's reputation has been tarnished by allegations of rape, but Juventus still believe he will help the Italian giants to reduce the financial gap between them and the world's very biggest clubs.

Juventus take on Manchester United -- the world's richest club and where Ronaldo became a star -- in Turin on Wednesday knowing a draw will seal their place in the last 16 of the Champions League.

They are counting on 'CR7' as they look to win the Champions League for the first time since 1996 -- they have lost five finals since then, including in 2015 and 2017. Ronaldo, now 33, has won the trophy five times himself.

"Financially it has been a very rational move," financial expert Carlo Alberto Carnevale Maffe news agency. "The lifetime value of a player extends longer than his biological age.

"On the pitch he's one of the best. Ronaldo also makes the news, he gives visibility, conversation, discussion...raises your intangible value."

The news recently has been as much about the rape allegations in the United States, which Ronaldo himself has strongly denied, insisting he is "an example, 100 percent on and off the pitch".

But Juve president Andrea Agnelli -- who has orchestrated their domination in Italy since taking over the family-owned club in 2010 -- believes "the Ronaldo effect" can propel the "Old Lady of Turin" into another stratosphere.

"We are fully convinced that Ronaldo is an added value in every respect, in terms of business, and will facilitate our global expansion," said Agnelli, who wants to target the US, Chinese and Southeast Asian markets.

According to the Deloitte Football Money League, Juventus are tenth in Europe with annual revenues of 405.7 million euros ($463 million) in 2017, with only three Italian clubs featuring in the top 20.

Manchester United top the list on 676.3 million euros ahead of Real Madrid (674.6m) and Barcelona (648.3m).

On the pitch, Ronaldo has made an impact, scoring seven goals in the champions' best-ever start to a Serie A season. They are on track for an eighth consecutive league title.

Carnevale Maffe believes that Juventus can only gain despite the high price of a deal estimated to cost 340 million euros in total over four years, on top of the 110 million-euro transfer fee.

"When you are so close to success, all the planning, all the strategy may not be enough...the touch of genius is needed, and Ronaldo has that," added Carnevale Maffe, who lectures in Corporate Strategy at Milan's Bocconi School of Management.

'Robust'

Since Ronaldo-fever gripped Juventus, the club's share price jumped from 0.69 euros on July 3, to 1.672 euros on September 19.

But it then dropped 34 percent, starting to slide after his red card in the Champions League against Valencia, followed by the emergence of rape allegations in the United States.

While Ronaldo has denied the claims, two of his sponsors, Nike and EA Sports, said they were "closely monitoring" what Nike called "disturbing allegations".

"There is always an element of random events, unpredictable elements," said Carnevale Maffe.

"Players are physically fragile but business-wise Ronaldo is one of the most robust assets."

The real hope is that Ronaldo will not only help Juventus win the Champions League but attract lucrative commercial deals that will make the Italian club number one in the world.

The father of four has over 323.4 million followers across all social media platforms and is now the most followed person on Instagram with 145 million.

Since his arrival the club's following on social media has increased from 49 million to 62 million.

They say they are already on track for record Ronaldo kit sales for the season, with the black and white shirts costing up to 150 euros each.

Juventus also increased the price of season tickets by 30 percent while talks with Ronaldo were still secret, with all 29,300 sold.

Their 41,507-seat stadium is not as big as other leading European clubs so finding extra revenue not generated from ticket sales is all the more important.

But audit group KPMG have estimated the "Ronaldo effect" will see Juve's revenue jump to 500 million euros in the next two to three seasons.

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News Network
May 26,2020

Mumbai, May 26: Former Pakistan pacer Shoaib Akhtar said that if he was playing currently he and Virat Kohli would have been the best of friends off the field, but real enemies whenever they stepped on the field.

Akhtar also said that he would have liked to challenge Kohli to drive the ball.

"Virat Kohli and I would have been the best of friends as both of us are Punjabi, but on the field, we would have been the best of the enemies. I would have loved to get inside the head of Kohli. I would have told him that you cannot play a cut or pull shot against me," Akhtar told Sanjay Manjrekar in a videocast hosted by ESPNCricinfo.

"I would have gone wide of the crease and bowled a ball that would go away from him, I would have forced him to drive the ball as it is his favourite shot. So I would keep forcing him to play the drive shot at my pace," he added.

Akhtar also said that he wishes that Kohli could have played against some of the top bowlers in the game.

The Rawalpindi Express said that Kohli would have enjoyed the challenge of facing bowlers like Wasim Akram, Shane Warne, and Waqar Younis.

"I would also keep talking to him, because if I get him to lose his focus then that would have been great. The great thing about Kohli is that he gets more focused when he is challenged. But I believe Virat Kohli would have still scored the same amount of runs if I was playing," Akhtar said.

"I really wish that he had played against Wasim Akram, Waqar Younis, Shane Warne, and then Virat would have also enjoyed the challenge," he added.

Akhtar played 224 matches for Pakistan in international cricket and took 444 wickets across all formats.

Over the years, comparisons between Kohli and Sachin Tendulkar have been growing and many have picked the current Indian skipper to break the records set by Tendulkar.

Tendulkar called time on his career after registering 100 international centuries, while Kohli has 70 centuries across all formats.

Currently, Kohli is ranked at the top spot in the ICC ODI rankings while he is in second place in the Tests rankings.

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Agencies
April 25,2020

London, Apr 25: Former Australian cricketer Graeme Watson who was fighting cancer, has died at the age of 75.

Primarily a middle-order batsman and a medium-pace bowler, he featured in five Tests from 1967 to 1972 and two ODIs in 1972, ESPNcricinfo reported.

The all-rounder earned the national call during the 1966-67 tour of Rhodesia and South Africa. Watson slammed a half-century in the first innings of the second Test of the series.

However, the medium-pace bowler was ruled of the next test after suffering an ankle injury. He returned for the fourth Test in Johannesburg where scalped his career-best 2 for 67 but failed to leave a mark with the bat as Kangaroos lost the series.

In 1971-72 he moved to Western Australia and played a major role in their Sheffield-Shield win in 1971-72, 1972-73, and 1974-75 seasons.

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News Network
May 29,2020

Kolkata, May 29: Former skipper Kumar Sangakkara believes missing Angelo Mathews due to an injury hurt Sri Lanka badly in the summit clash of the 2011 World Cup, which hosts India won after a gap of 28 years.

Having played a key role in their thrilling semifinal win against New Zealand, Mathews was forced out of the final against India at Mumbai's Wankhede Stadium by a quadriceps muscle injury.

Reflecting on the six-wicket loss to India, the former Sri Lankan captain said Mathews' injury forced him to opt for a 6-5 combination and was also the reason behind his decision to bat first after winning the toss.

"In that WC final, that's the biggest thing I look back and think...You can talk about drop catches and all of that happens. But the composition of the side and the fact that we were forced to make the change was to me the turning point," Sangakkara said in the latest episode of Instagram series 'Reminisce with Ash' hosted by India off-spinner Ravichandran Ashwin.

Mahela Jayawardene's unbeaten 103 went in vain as India hunted down 275 with Gautam Gambhir setting up the chase with a 97-run knock before skipper Mahendra Singh Dhoni finished off in style, smashing Nuwan Kulasekara for the winning six in his unbeaten 91.

"But for 100 per cent, if Angelo (Mathews) had been fit, I know for sure we would have gone for chase... I'm not sure whether the result would have changed. That balance of team that Mathews would give at seven really was a bonus," the former wicketkeeper batsman said

"If you take our entire campaign, whatever we did Mathews' overs and his ability to bat with the tail and read situations was an incredible bonus to us. He was a young chap who came into the side and from day one he could read situations. It's just instinct, how to up the rate, how to control the bowler, when to accelerate."

During the conversation, Ashwin also asked him about the controversial toss when the coin was flipped twice amid the cacophony of the Wankhede and eventually Sangakkara elected to bat.

"The was crowd was huge. It never happens in Sri Lanka. Once I had this at Eden Gardens when I could not talk to the first slip and then of course at the Wankhede. I remember calling on the toss then Mahi wasn't sure and said did you call tail and I said no I called head.

"The match referee actually said I won the toss, Mahi said he did not. There was a little bit of confusion there and Mahi said let's have another toss of the coin and heads went up again," he said.

"I am not sure whether it was luck that I won. I believe probably India might have batted if I had lost."

The loss prolonged Sri Lanka's wait for another world title as yet again the 1996 champions failed in the final hurdle.

"Whether we win or lose, we have this equilibrium on how to take a win or loss. The smile hides a huge amount of sadness, of disappointment, of thinking of 20 million people back in Sri Lanka who had been waiting for this for so long, since 1996.

"We had an opportunity in 2011, opportunity in 2007, then T20 opportunities in 2009 and 2012," Sangakkara said.

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