Rumors are already circulating that the star has already picked a residence. The Italian press have shared pictures of a currently vacant three floor mansion, which has eight bedrooms and an indoor pool. People familiar with Ronaldo’s current and soon to be former home outside Madrid, might be shocked at his potential new Turin HQ. It’s old! Of course, that’s par for the course with a historic city where luxury real estate consists of centuries old mansions and villas. The modern, sparkling homes that elite soccer stars around the world usually prefer aren’t featured in Turin’s luxury listings. 

If the mansion does turn out to be CR7’s home of choice it will have to undergo some serious updates and furnishing. The old, refinished parquet floors will probably be covered with luxurious rugs. The white walls need to be given a lick of a more contemporary hue. Ditto for the lights. Ronaldo, as many know, is a fitness fanatic and his Madrid home has a top-notch gym and indoor and outdoor pools as well as an outdoor soccer field. How he’ll replicate that in his new place remains to be seen.

However, Ronaldo’s interest in the property is understandable considering who its past occupants were. His former boss at Real Madrid, Zinedine Zidane was a former inhabitant as was Italian World Cup winning captain Fabio Cannavaro.

The mansion, located in the foothills of Turin, may only be a temporary home for the Portuguese icon as it was recently offered for an unbelievable $50,000 a day to rent according to The Sun newspaper. Even on Ronaldo’s staggering $500,000 a week, that wouldn’t make much sense as a long-term rental. It would be far most cost-effective to buy a home.

Many have posed the question as to why Juventus would spend so much money for a player, albeit a brilliant one, who is soon to be 34, and  in the twilight years of his playing career. The reasoning, it appears, may be as much for what Ronaldo can bring to Juventus’ off the field as on.

Juve is owned by Fiat motor owners, the Agnelli family, through Exor, the investment holding company, which links club and car. Fiat workers planned a strike, brandishing anti-Ronaldo posters over the massive investment in the player, which could, they argued, be reinvested in the company. In the past Fiat and luxury sports car, Ferrari were business partners and Ronaldo is according to the BBC, set to be a global representative of Ferrari. 

Obviously Ronaldo’s Juventus shirt sales will go through the roof but that is just the start of a cavalcade of money spinning tie ins.

“The marketing leverage that Juventus will be able to create will be significant,” Rob Wilson, of Sheffield Hallam University told the BBC.  “Added to that the likelihood that he will strengthen the team, it seems plausible that they will be more successful domestically and qualify routinely for the Champions League. That means more sponsors, more TV money and more prize money.”

But first Ronaldo has to move into his new home.

Top Image: Shutterstock.com

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Two very different record-breaking paintings topped the art market and news.

Photo credit: Sotheby’s

Untitled by Jean-Michel Basquiat sold to the Japanese collector Yusaku Maezawa for $110.5 million (Sotheby’s), setting  a new record for an American artist.

Photo credit Christie’s

Leonardo da Vinci’s Salvator Mundi sold at Christie’s auction for $450 million. Despite the fact that some experts criticized its condition and others doubted its authenticity, it crushed the previous world record set by Picasso’s Women of Algiers in 2015 at $179 million.

Although those are extreme examples, the entire art market proved very strong, driven by post-war and contemporary art.

Wine, the 2016’s top-performing asset class, rose 11% in 2017, compared with  24% in 2016. It is now the second place asset class after art. Much of the demand for wine comes from Asia. Burgundy markets increased the most, at 16.5% though many wine regions were hit hard due to frost damage (some production down as much 70% in volume).

Photo credit: RM Sotheby's

Classic cars, a consistently strong asset class, saw record-breaking sales. The top seller was a 1956 Aston Martin DBR1, raced by legendary Stirling Moss, at a RM Sotheby’s auction for $22.5 million. It was the most expensive British car ever sold. Some other notable sales were a 1995 McLaren F1 sold through Bonhams for $15.6 million and a 1959 Ferrari 250GT California Spider LWB that sold for $18 million.

Photo credit: Sotheby's

In other asset classes, Hong Kong jeweler Chow Tai Fook paid $71.2 million for “the Pink Star,” a 59.6-carat vivid pink diamond. A a 1,000-year-old Ru guanyo ceramic brush-washing bowl sold for $40 million. And a rare set of four 16th- or 17th-century Chinese huanghuali folding chairs, sold for almost $7.5 million.

To read the full report, click here.

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Featuring a sensual yet minimalistic, glass island worktop supported by a single, U-shaped "leg," the one-of-a-kind, carbon fiber cooking space was inspired by the Italian automaker's concept car, "Sergio."

Not a fan of the provocative hue? Not a problem.

Comprised of 84 unique components, the luxurious chef's haven can be easily customized to suit the taste of buyers; for instance, the futuristic peninsula also comes in sophisticated black and crisp white.

Photos and details courtesy of Snaidero.

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