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Juventus FC lists debt in Dublin

Juventus paid out over €100 million to sign Cristiano Ronaldo last year
Juventus paid out over €100 million to sign Cristiano Ronaldo last year

Italian football club Juventus has listed €175 million in debt on the stock exchange in Dublin.

The five year non-convertible bonds will pay investors an interest rate of 3.375%.

Juventus is raising the debt after paying out large sums for players last year, including over €100 million for signing Cristiano Ronaldo.

The club, which is majority owned by the Agnelli family, had over €300 million in debt as of June last year.

It reported a loss of €19 million last year, but revenues have risen by 160% over the past eight years.

The Irish Stock Exchange, now known as Euronext Dublin, is considered a leading destination for the listing of corporate debt.