[Cristiano Ronaldo] * JUVENTUS SHARES POPPED AFTER IT WAS REPORTED THAT THE SIDE IS CLOSE TO SIGNING REAL MADRID SUPERSTAR CRISTIANO RONALDO FOR €100 MILLION ($117 MILLION). * AS OF 2:50 P.M. BST (9:50 A.M. ET) THE STOCK WAS TRADING AT €0.88 ($1.03), A GAIN OF 8.8%. * FOLLOW JUVENTUS' STOCK PRICE IN REAL TIME HERE. ------------------------- Shares of Italy's most successful, best-known soccer team, Juventus, have surged on Tuesday after it was reported that the side is close to signing Real Madrid superstar Cristiano Ronaldo for 100 million euros ($117 million). Spanish news outlet La Sexta reported earlier that a deal for Ronaldo is now almost done, and Sky News said that Juventus' president, Andrea Agnelli, has flown to the Greek island of Kalamata — where Ronaldo is on holiday — to hold talks with the star. Ronaldo is Real Madrid's top all-time goal scorer, with 451 goals since moving there in 2009. He has won five Ballons d'Or — the most prestigious individual trophy in world soccer — and is arguably the greatest player in the history of the sport. News of the developing transfer, which was first rumored last week, has send Juventus shares skyward, with a gain of more than 8% from its opening price, according to Markets Insider data. As of 2:50 p.m. BST (9:50 a.m. ET) the stock was trading at €0.88 ($1.03), a gain of 8.6%. Juventus' stock has climbed more than 32% since July 3 — just before rumours of a move began. [Screen Shot 2018 07 10 at 14.51.03] Join the conversation about this story » NOW WATCH: This is how moveable prosthetic covers are made for bionic limbs
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