(Bloomberg) -- Spanish soccer giant Real Madrid Football Club agreed to transfer five-time Ballon d'Or winner Cristiano Ronaldo to Juventus Football Club SpA following a request from the player to leave. Speculation of a deal had sent the Italian club's stock soaring over the past week.
Juventus will pay 100 million euros ($117.3 million) and another 12 million euros in additional fees to sign the player on a four-year contract, it said in a statement. Juventus didn't disclose terms of Ronaldo's contract.
“The right moment to open a new chapter in my life has arrived,” the 33-year-old said in a letter to fans posted on the Real Madrid website. Real “will always be his home” and the record goal-scorer will remain a great symbol of the club for future generations, Real Madrid commented in a statement.
Ronaldo scored 451 goals in 438 games since he joined in 2009, helping the club to win four Champions League titles, and La Liga, Spain's top soccer division, twice.