"Was always the plan!"

Ronaldo rakes in millions with club shares

Two-time soccer world champion Ronaldo is selling his shares in the clubs Cruzeiro and Real Valladolid! 

The owner of the Brazilian and Spanish clubs, who has been criticized by fans, made the announcement at a press conference. Supporters of both clubs had criticized Ronaldo for not investing the sums he had promised.

"Most of the fans are grateful!"
Ronaldo had bought Cruzeiro in 2021, having already owned a majority stake in Valladolid since 2018. "Most fans are grateful that I have made a name for Cruzeiro again, both nationally and internationally. My goal was achieved. It was always the plan to bring Cruzeiro back and give it to the right person at the right time," said the 47-year-old. The new owner of Cruzeiro is billionaire Pedro Figueiredo, founder of Brazil's largest supermarket chain.

"Cruzeiro was in intensive care when I arrived!"
Apparently, he is selling the club's soccer division, which he bought for 78 million dollars, for 117 million dollars. The club from Belo Horizonte, where Ronaldo started his career, was relegated to Serie B in 2019 and returned in 2022. "Cruzeiro was in intensive care when I arrived," said Ronaldo. "I halved the debt and quintupled the turnover. Now I'm leaving - and Cruzeiro is in a comfortable hospital bed."

The former international star owns 51% of Valladolid, but has announced a sale. Under his reign, the club was relegated twice and promoted once. Valladolid is currently second in the 2nd division and has a good chance of returning straight back to the 1st division.