Juventus have released a statement as their share price spikes amid talk of a deal for Real Madrid star Cristiano Ronaldo.

The price of Juve's shares rose by 7.44 percent on Friday, prompting the club to clarify 'various market opportunities' were behind the increase, amidst mounting speculation of a €100m deal for Ronaldo.

“At the request of Consob, in relation to news recently published by the Press, Juventus Football Club S.p.A. wish to clarify that during the transfer window, the club assess various market opportunities.

“[The club] will provide adequate information, as per the rules, upon eventual completion of the said opportunities."