Juventus FC have agreed to sign Cristiano Ronaldo from Real Madrid, the Spanish giants announced through an official statement.The deal is believed to go ahead for a fee of above 100 million euros and will be payable over two years.Ronaldo, who was reportedly unhappy with president Florentino Perez and the treatment of the Portuguese star, had dropped a hint after the Champions League final in Kiev this year that he might be on the move.It was believed that Ronaldo was unhappy with Real president for not keeping his promises and was finally ready to move on.”Real Madrid C.F. communicates that, in response to the will and request expressed by the player Cristiano Ronaldo, he has agreed to transfer to Juventus FC.”Today, Real Madrid wants to express its gratitude to a player who has proved to be the best in the world and who has marked one of the brightest times in the history of our club and world football.”Beyond the conquered titles, the trophies achieved and the triumphs achieved in the playing fields during these 9 years, Cristiano Ronaldo has been an example of dedication, work, responsibility, talent and improvement,” said Real Madrid’s official statement.”For Real Madrid Cristiano Ronaldo will always be one of his great symbols and a unique reference for the next generations. Real Madrid will always be your home,” it added. Cristiano Ronaldo is Real Madrid’s all-time top scorer with 451 goals in all competitions and won 4 Champions League trophies with them (Reuters Photo)Moments after lifting a third consecutive Champions League trophy by helping Real beat Liverpool 3-1 in the final in May, Ronaldo appeared to suggest he had already decided to leave the club this year, telling a reporter on the pitch at Kiev’s NSC Olympic Stadium: “It was beautiful to play for Real Madrid.”advertisementThe five-times world player of the year has had several fallouts with his club and on several occasions indicated that he would leave.However, a move to Juventus was out of cards as a return to Manchester United or Paris Saint-Germain was believed to be more likely. But, the former United player decided to quit the sunny shores of Spain and join Turin instead of a dull and rainy Manchester.Few days back, Ronaldo’s agent had told Portuguese media that the player would be “eternally grateful” to Real Madrid if he ends up leaving the European champion.Jorge Mendes was quoted as saying in Portuguese newspaper Record that Ronaldo would always be grateful to “the club, the president, the directors, the medical staff, all the workers without exception and all the Madrid fans around the world.”Mendes was quoted by Record last Thursday as saying that “if that happens, it will be just a new phase and a new challenge in his brilliant career.”And, it has finally happened. A vendor adjusts a Juventus’ jersey with the name of Cristiano Ronaldo exhibited in his shop in Turin (Reuters Photo)He is all set to wear his famous No. 7 jersey and will be unveiled in the upcoming days by the Old Lady.News of him moving to Italy broke out just after Portugal crashed out of the World Cup 2018 in the round of 16 after losing to Uruguay.While, many people were shocked by the news of him moving to Juventus, shares of the Italian club were up 5.5 percent at 0.865 Euros, after a session high of 0.8995 Euros. The stock kept rising in the upcoming days.Many have raised questions about Juventus’ ability to pull off such an astronomical deal because of the transfer fee and player salary involved but a Milan-based trader pointed to the potential gain from a merchandise point of view. He said that Real Madrid has sold 750 thousand jerseys of Ronaldo alone and there is no sign of that changing even at Juventus.In February, Juventus said it forecast to end the 2017-18 financial year, ending in June 2018, with a loss after posting half-year revenues at 290 million Euros and a profit down to 43.3 million Euros. Ronaldo joined Real from Manchester United in 2008 for a then world record 80 million pounds (Reuters Photo)Ronaldo, who joined Real from Manchester United in 2008 for a then world-record fee of 80 million pounds ($106 million), is the Spanish club’s all-time top-scorer with 451 goals in all competitions and has won two La Liga titles and four Champions League trophies with them.