Turin, 21 June 2018 - Juventus Football Club S.p.A. announces that a contract of employment with the player Emre Can, effective as of 1st July 2018 and expiring on 30 June 2022, has been signed. As a result of the signature of the agreement, Juventus will incur additional costs of € 16 million, to be paid over the next two financial years.
Does this mean we paid him 16m for signing?