By Prof Dr Ian Blackshaw
The Summer ‘Transfer Window’, which ends on 31 August, often produces some surprises and this year is no exception, as Cristiano Ronaldo rejoins his former Club Manchester United.
He left the Club to join Real Madrid in the summer of 2009, for a then record fee of US$110 million, and for the last three years has played for the Italian Serie A Club Juventus.
Having signalled his intention to leave Juventus, he was expected to move to Manchester City, and so the move to Manchester United was a surprise and has been described as “sensational”. It appears that the former Manchester United Manager, Sir Alex Ferguson, acted as the last-minute catalyst for the deal.
The 36-year-old Portuguese ‘super star’ forward will sign a contract for the next two seasons at reportedly a salary of £500,000 per week.
His transfer fee is believed to be around £15.25 million
These are eye-watering sums - some would argue obscene - and it will be interesting to see whether Ronaldo will further transform the fortunes of Manchester United and justify the Club’s investment in him.
Prof Dr Ian Blackshaw may be contacted by e-mail at ‘This email address is being protected from spambots. You need JavaScript enabled to view it.’
Sports Law & Taxation features: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.
The unique feature of Sports Law & Taxation is that this Journal combines up-to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.
Global Sports Law and Taxation Reports feature: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.
The unique feature of Global Sports Law and Taxation Reports is that this Journal combines for the first time up to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.
The editors of the Journal Sports Law & Taxation are Professor Ian Blackshaw and Dr Rijkele Betten, with specialist contributions from the world's leading practitioners and academics in the sports law and taxation fields.
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Dr. Rijkele Betten
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Prof. Dr. Ian S. Blackshaw
Prof. Guglielmo Maisto
Maisto e Associati, Milano
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Hardwick & Morris LLP, London
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