Plus234Feed

Cristiano Ronaldo Acquires 25% Stake in UD Almería

Cristiano Ronaldo Acquires 25% Stake in UD Almería

Cristiano Ronaldo has officially acquired a 25% stake in the Spanish football club UD Almería through his investment subsidiary, CR7 Sport. This investment is part of a club ownership consortium led by the SMC Group, which aims to enhance the club's growth and development.

The announcement was made on Thursday, detailing the structure of the investment and its significance within the club's broader strategic direction. Club president Moham Al Khereiji welcomed Ronaldo as a new shareholder, emphasizing his understanding of Spanish football and the potential for building a strong team and academy.

Ronaldo expressed his motivation for the investment, stating his long-held ambition to contribute to football beyond just playing. He remains a prominent figure in world football, currently playing for Al Nassr FC in Saudi Arabia, and has a rich history in Spanish football from his nine-year tenure at Real Madrid, where he became the club's all-time leading scorer.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

Read full article

Continue on Punch Newspapers

Visit
Share