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Ronaldo buys stake in Spanish second-division Almeria

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CR7 Sports Investments says the 25% investment in UD Almeria reflects Cristiano Ronaldo’s long-term commitment to professional football ownership.

LISBON: Cristiano Ronaldo announced today that he had acquired a 25% stake in Saudi-owned Spanish second-division club Almeria.

“This strategic investment in UD Almeria reflects Ronaldo’s long-term commitment to professional football ownership,” said a statement from his new sports holding company, CR7 Sports Investments, which gave no financial details of the deal.

“It has been a long-time ambition of mine to contribute to football,” the statement quoted Ronaldo as saying.

Tags:Al NassrAlmeriaCR7 Sports InvestmentsCristiano RonaldoMohamed Al KhereijiPIFSaudi ArabiaSMCWorld cupyouth


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