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Juventus Agrees to Pay $53.5 Million to Sign Four Players

June 22 (Bloomberg) -- Juventus said it will spend a combined 37.25 million euros ($53.5 million) to sign four players currently on loan with the Italian soccer team.

A club statement said it will pay 15.5 million euros to Cagliari for striker Alessandro Matri and 10.5 million euros to Napoli for forward Fabio Quagliarella.

Juventus, which won’t play in the Champions League next season after finishing seventh in Serie A last season, will also pay Udinese 7.5 million euros for midfielder Simone Pepe and 3.75 million euros for defender Marco Motta.

All the payments will be made over three years, the statement said.

Juventus last month hired its former midfielder Antonio Conte as coach to replace Luigi Delneri.

To contact the reporters on this story: Alex Duff in Madrid at aduff4@bloomberg.net.

To contact the editor responsible for this story: Christopher Elser at at celser@bloomberg.net

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