RECAP: Nike said it was “deeply concerned” by rape allegations against Cristiano Ronaldo and shares in Italian champions Juventus fell over five percent on the Italian stock exchange.
US sportswear giant Nike says it is “deeply concerned” by rape allegations against Cristiano Ronaldo and shares in Italian champions Juventus fell over five percent on the Italian stock exchange on Friday.
“We are deeply concerned by the disturbing allegations and will continue to closely monitor the situation,” a Nike spokesman told AFP.magazine, Ronaldo is one of only three athletes to have been given a lifetime deal with Nike, joining an elite club that also includes NBA icons LeBron James and Michael Jordan.
But on Friday over five percent was wiped off the value of their shares in morning trading on the Milan stock exchange. At midday they were worth €1.25 a share. “The events allegedly dating back to almost 10 years ago do not change this opinion, which is shared by anyone who has come into contact with this great champion.”
Portugal said Thursday Ronaldo will play no part in the country’s next four internationals, but national coach Fernando Santos gave him his backing.
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