HomeSportsFootballTwo-time world champion Ronaldo sell shares in Cruzeiro, Valladolid

Two-time world champion Ronaldo sell shares in Cruzeiro, Valladolid

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Two-time World Cup winner Ronaldo is promoting his shares in Brazilian membership Cruzeiro and Spanish workforce Real Valladolid, he mentioned in a news convention on Monday night.

Ronaldo, who began his profession at Cruzeiro, has been criticized by followers of each golf equipment for of failing to take a position as a lot as he promised. He purchased Cruzeiro in 2021 and owns a majority stake in Valladolid since 2018.

“I know most fans are grateful to me and my team for putting Cruzeiro back in the national and international scene. My goal was reached, that was always the idea. To bring Cruzeiro back and, at the right time, give it to the right person,” he mentioned.

Ronaldo purchased the Cruzeiro soccer division for $78 million and is reportedly promoting it for nearly $117 million.

Cruzeiro stockpiled trophies over the previous twenty years however was in Brazil’s second division from 2020 to 2022 amid fears it might disappear because of its gigantic debt, which amounted to greater than 1 billion Brazilian reals ($200 million).

“Cruzeiro was in intensive care when I came. I halved the debts, the revenue increased five times. I am leaving Cruzeiro in a comfortable hospital bedroom now,” Ronaldo mentioned.

The new proprietor is Pedro Figueiredo, a billionaire who constructed certainly one of Brazil’s largest grocery store chains.

Ronaldo’s plans for Valladolid are unclear. Under his reign, the membership was relegated twice and promoted as soon as. They are presently second within the second division and have a very good likelihood of returning to La Liga.

Source: www.anews.com.tr

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