Juventus share prices rocket as club make Cristiano Ronaldo move

Reports that Juventus are going to sign Cristiano Ronaldo have seen the Italian club's share price rise by 5.89 percent on Wednesday. 

Juve's share prices were already on the rise on Tuesday, gaining 3.2 percent, which marked the club's best results in the last four months. 

These results, according to analysts, are due to the speculation that Ronaldo is about to leave Real Madrid to sign a four-year deal with the Serie A champions. 

The Turin-based club, who have won the Italian top flight in each of the last seven years, are said to be ready to spend 100 million euros on the Portugal forward, who would earn 30 million net per season. 

Italian newspaper Tuttosport led with the move on Wednesday, with Ronaldo on their cover and the headline: "Cristiano, one step away from Juventus."

They also called it the "signing of the century" but Turin newspaper La Stampa, owned by the Agnelli family, who also own Juve, produced a more modest title, saying the club were dreaming of dressing Ronaldo in "bianconera".