Ronaldo Jr. is only eight years old but already plays with his father's iconic No. 7 jersey, the number he was first given by Sir Alex Ferguson when he arrived at Manchester United in 2003.

He can cover the damage. According to Business Insider, Juventus sold about 520,000 Ronaldo jerseys -- or $60 million worth -- in just 24 hours. That would cover over half of his buyout.

Striker Edison Cavani, who wore the No. 7 jersey prior to Ronaldo’s arrival, will wear the No. 21 jersey now. Juventus fans who want to get a discount on old Ronaldo Juventus jerseys can do so here.

Cristiano Ronaldo Junior, the son of the new Juventus forward, has joined the Bianconeri academy as a member of the under-9 training camp, known as the Pulcini 2010.